What is an adjustment to a pay rate to reflect differences in working conditions or labor markets?
A) bonus
B) pay differential
C) green-circle rate
D) rank-and-file adjustment
E) red-circle rate

Question

Quizplus · Accepted Answer

Pay differential is an adjustment made to a pay rate to reflect differences in working conditions or labor markets. A bonus is a one-time additional payment to an employee, a green-circle rate is a below-salary rate for entry-level employees, a rank-and-file adjustment is a pay increase based on job evaluation, and a red-circle rate is an above-salary rate for employees with exceptional skills.

What Is an Adjustment to a Pay Rate to Reflect