Wages paid above the range maximum are called red circle rates.

Name: Wages paid above the range maximum are called red circle rates.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Red circle rates refer to wage rates that are above the maximum of the pay range established for a job or position within an organization. These rates are typically maintained for individuals due to various reasons, such as high performance, retention strategies, or when pay structures change.

Wages Paid Above the Range Maximum Are Called Red Circle