English
Detailed Synonyms for job market pricing in English
job market pricing:
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the job market pricing
– A method of determining compensation by comparing individual jobs to market benchmark data for similar jobs in order to identify a value-relative basis. With this method, a specific pay range is associated with an individual job, but not with a compensation level (grade or band). Job market pricing is a feature of broad-banding compensation structures, but not of grades or steps. 1the job market pricing– A method of determining compensation by comparing individual jobs to market benchmark data for similar jobs in order to identify a value-relative basis. With this method, a specific pay range is associated with an individual job, but not with a compensation level (grade or band). Job market pricing is a feature of broad-banding compensation structures, but not of grades or steps. 1