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How is my Salary or Pay Rate Determined? http://www.latpro.com/cms/en/resources/how_is_my_salary_or_pay_rate_determined

In most corporations and companies, work and tasks are organized first by function and then by position. Thus, compensation structures are tied to the organizational structure and its inner hierarchy. This means that companies place a relative value to any position according to the role it plays within the organizational structure. Unfortunately, many organizations don’t take the appropriate time or resources to review and readjust its organizational structure with its changing business objectives, and this can impact your salary.


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