JobDescriptionsAndDuties

What Does 'Wage Policy' Mean?

Category: Glossary, Type: Career

The Meaing of Wage Policy

Decision on company's location on remuneration market. Its scope contains the positioning of structure and level of remuneration in organization in relation to other companies on market. This is a firm's decision about its position and relationship to wage levels for similar positions in comparable organizations.

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Category: Glossary, Type: Career