How does a salary structure differ from a pay scale?
- A pay scale is for executives only, while a salary structure is for all employees
- A pay scale sets fixed rates for specific job roles, while a salary structure allows for variation
- A salary structure is more flexible than a pay scale
- Salary structure includes fixed and variable components, while a pay scale is fixed
A pay scale sets fixed rates for specific job roles, while a salary structure allows for variation. A salary structure includes different components like basic salary, allowances, and bonuses, providing flexibility within defined salary ranges.
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