Journal of Business Strategy · 1995 · 69 citations · 0 references
ManagementHuman Resource ManagementSmall Business ManagementCompensation StrategyPay-for-performance CompensationPerformance-based CompensationSalary History EffectsSalary Reporting
When an average company fills a particular job classification, a known salary range exists to compensate the employee. This range of compensation is based upon the person's background, experience, and salary history.