Understanding salary bands and job grades

Understanding salary bands and job grades diagram. This is one of the top business frameworks helping clients improve on their approach to strategy, project management, IT, HR, internal processes and client experience.

See below image for the Understanding salary bands and job grades diagram. Salary Bands. Salary Bands (or Pay Ranges) are how you define the target pay for employees within Job Grades. For each Level, a company should decide the low-end and high-end of the pay that Level will command.

Not only in blog posts, but every single day. Salary bands and job grades are essential frameworks in any compensation strategy. We use them throughout our compensation management software to help companies dig into how they pay their employees. What’s the difference between job grades and salary bands?

Pay grades and salary ranges are less common at higher levels in the organization. Pay for senior executives is predominantly done through pure market pricing and decisions are made in comparison to specific peer companies.