PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4
Compensation Today
OCTOBER 19, 2015
Why it matters: Your pay philosophy statement is typically something all employees can access (either in the employee handbook or via an intranet) and answers the question of why you have a plan in the first place. Not just the amount, but the payout period, who is eligible for what, the metrics the employee is measured against, and so forth.
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