This cheat sheet offers a quick reference to essential terms in compensation and pay structures, with clear definitions of concepts such as base pay, pay grades, and pay scales.
Included in this resource:
- Pay terminology
- Pay structure guide
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Pay Terminology Cheat Sheet
- Clarifying common terminology in compensation and rewards
- Supporting HR teams in pay benchmarking and job evaluation discussions
- Ensuring consistent use of pay-related terms across the organization
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