Compensation 101: Why Should Organizations Utilize Pay Ranges?
At Astronology® we like to explore all angles of a situation. In the past we've written articles on compensation related topics like green circle rates (employees paid below the minimum of the pay range) and red circle rates (employees paid above the maximum of the pay range).
The compensation philosophy is the foundation for all compensation decisions an organization makes. Developing a compensation philosophy, however, is not always an easy task.