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Pay Structure
An organizational system that categorizes employee compensation into levels based on job duties, seniority, and performance outcomes.
Fairness
Fairness refers to the equitable and impartial treatment of all individuals according to established rules and principles.
Compa-ratios
A metric used in human resources to compare an individual’s salary to the midpoint of a salary range for their position or grade within an organization.
Underpaying
The practice of compensating employees with wages that are below their job's market value or not commensurate with their skill level.
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