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  2. Pay bands - Wikipedia

    en.wikipedia.org/wiki/Pay_bands

    The range is based on factors like location (high vs low cost of living locations), experience, or seniority. Pay bands (sometimes also used as a broader term that encompasses several pay levels, ranges or grades) is a part of an organized salary compensation plan, program or system. In an organization that has defined jobs, pay bands are used ...

  3. The top 10 MBA concentrations and how to choose one - AOL

    www.aol.com/finance/top-10-mba-concentrations...

    The average annual base salary for an MBA in human resources is $75,000. Graduates of this program can find careers as human resource managers, human resource directors and vice presidents of ...

  4. Human resources - Wikipedia

    en.wikipedia.org/wiki/Human_resources

    Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [ 1 ] [ 2 ] A narrower concept is human capital , the knowledge and skills which the individuals command. [ 3 ]

  5. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Base salary is provided for doing the job the employee is hired to do. The size of the salary is determined mainly by 1) the prevailing market salary level paid by other employers for that job, and 2) the performance of the person in the job. Many countries, provinces, states or cities dictate a minimum wage. Employees' individual skills and ...

  6. Pay grade - Wikipedia

    en.wikipedia.org/wiki/Pay_grade

    Typically, pay grades encompass two dimensions: a “vertical” range where each level corresponds to the responsibility of, and requirements needed for a certain position; and a “horizontal” range within this scale to allow for monetary incentives rewarding the employee's quality of performance or length of service.

  7. Compa-ratio - Wikipedia

    en.wikipedia.org/wiki/Compa-ratio

    A compa-ratio of 1.00 or 100% means that the employee is paid exactly what the industry average pays and is at the midpoint for the salary range. A ratio of 0.75 means that the employee is paid 25% below the industry average and is at risk of seeking employment with competitors at a higher pay that is perceived as equitable.

  8. Executive Schedule - Wikipedia

    en.wikipedia.org/wiki/Executive_Schedule

    Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena

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