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Under this structure, raise, bonuses and promotions are usually determined by assessing an employee’s performance and on-the-job experience. There are some strong advantages to that kind of job-based compensation. The post Skill-Based Pay 2.0 & Manufacturing: A Match 30 Years in the Making appeared first on Ascentis.
How Ascentis Can Help. This wage gap is an improvement compared to the 62 cents for every $1 full-time working women earned in 1979 compared to men, but it is still a vast and unfair gap in labor compensation that needs to be closed. This data would include annual pay data in 12 graduated bands of total compensation to the report.
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