Summary
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  1. step compensation:


English

Detailed Translations for step compensation from English to Swedish

step compensation:

step compensation [the ~] noun

  1. the step compensation
    – A compensation level structure that defines discrete amounts of pay per level. Pay is described as a specific amount, and frequency is usually expressed as hourly. For example, one step may have ten increasing, specific rates of hourly pay. Pay increases move an employee from one rate to another within a step for a specific reason, such as the length of tenure or improved skills. 1

Translation Matrix for step compensation:

Not SpecifiedRelated TranslationsOther Translations
lönegrad step compensation pay grade

Related Definitions for "step compensation":

  1. A compensation level structure that defines discrete amounts of pay per level. Pay is described as a specific amount, and frequency is usually expressed as hourly. For example, one step may have ten increasing, specific rates of hourly pay. Pay increases move an employee from one rate to another within a step for a specific reason, such as the length of tenure or improved skills.1

Related Translations for step compensation