Wage analysis
Wage analysis is the process of comparing the salaries of your employees to industry and organization standards. You set up some aspects of wage analysis in the HR application, but you perform wage analysis in the Personnel Administration application.
The salaries used for wage analysis are associated with job codes. You use either salary ranges or grade range schedules to perform wage analysis.
If | Use |
---|---|
the salary range of all employees with the same job code is the same | salary ranges |
the salary ranges of all employees with the same job code can vary | grade range schedules |
If an employee's job code has both a salary range and a grade range schedule, the default is the grade range schedule.
The only employees that would not be eligible for wage analysis are those who are tied to a step and grade schedule to determine their rate of pay.