Which term refers to a series of steps or levels within a pay grade and is usually based on years of service?
A) wage grade
B) pay range
C) compa ratio
D) wage curve

Question

Quizplus · Accepted Answer

A pay or rate range is a series of steps or levels within a pay grade, usually based on years of service. Employers develop vertical pay ranges for each of the horizontal pay grades (or pay classes).

Which Term Refers to a Series of Steps or Levels