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Compensable Factors
Elements of a job that are used to determine its value and appropriate compensation, such as skill level, effort, responsibility, and working conditions.
Pay Grades
A structured pay scale that determines the salary range for different levels of positions within an organization.
Labour Costs
The total expenditure borne by employers for the payment of wages, benefits, and other forms of compensation to their employees.
Pay Grades
A structure categorizing employees based on job functions, responsibilities, and pay ranges, designed to ensure fair and equitable compensation within an organization.
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