Red circle rate

Red circle rate is a pay rate that is above the maximum range assigned to the job grade. Employees are usually not eligible for additional pay increases until the range maximums exceed the individual pay rate.

Category: HRM & Labor Studies

Share it: CITE

Previous:
Computer Programming

Next:
Redeployment

Related Definitions

Marginal Rate of Substitution (MRS)
Marginal Rate of Substitution (MRS) typically examines the link between...
Semi-retired
Semi-retired refers to someone who has retired or left a...
Attrition Rate
Attrition Rate is a statistic that measures the number of...
Quality circles
A method of grouping employees in small units that work...
Preferred Provider Organization (PPO)
Preferred Provider Organization (PPO) is a Groups of health care...