Wage Curve

Job Levels: The different levels or grades of job roles within the organization, often based on responsibilities, skills, and experience.
Pay Rates: The corresponding pay rates or salary ranges for each job level or grade.
Graphical Representation: A graph or chart that plots job levels against pay rates, showing the relationship between them.

What is a Wage Curve?

A graphical representation of the relationship between job value and pay rates. Wage curves support compensation planning and analysis.

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