This term is used to describe the dollar value of the difference between the maximum and the minimum of the pay range for each pay grade.
A) intergrade differentials
B) grade overlaps
C) range spread
D) quartiles

Question

Quizplus · Accepted Answer

The term "range spread" refers to the difference between the maximum and minimum of the pay range for each pay grade. Option A ("intergrade differentials") is not a commonly used term in compensation, and options B ("grade overlaps") and D ("quartiles") do not accurately describe the concept of range spread.

This Term Is Used to Describe the Dollar Value of the Difference