Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why are the spreads of the pay band and the market targets different?

April 26, 2017band different market pay spreads targets

0

Posted

Why are the spreads of the pay band and the market targets different?

1 Answer

0

Posted

• The structure was designed to provide fewer pay bands to accommodate multiple jobs with similar relationships to the salary market and competency requirements. • The market targets provide a market reference point for the manager to determine the competitive rate of pay for highly experienced staff.