What is a Pay Scale?
A pay scale is a document or table designed to determine how much an employee will earn in his or her job. Many companies have a pay scale set up before hiring new employees, which they show to prospective employees before hiring them. In this way, the job seeker can get a good idea of how much he or she can expect to earn while working for the company or business. Not every company uses a pay scale to determine employee wages. Some companies seem to arbitrarily decide how much pay they will give an employee to start working for the company. Subsequent raises are similarly determined. Sometimes, a company without a pay scale will determine the subsequent increases in pay based on job performance or the overall performance of the company in the past year. Similarly, some companies do not have a formal pay scale that is shared with employees, but they do have a loosely created pay scale to help them determine the amount of money they will offer to new employees. This informal pay scale m
