Assigning Pay Grades to Jobs Policy
Revised Oct. 5, 2004 - Printable version
Pay and benefits are the compensation that we receive for our work. To build trust, it is important that our compensation system be fair and equitable
Evaluation of New/Revised Positions
When Compensation receives a new or revised job description, Compensation personnel will discuss it with the manager of the department. Once they have an understanding of the purpose of the position and the requirements of the applicants, they will conduct a review. This review will look at the compensation levels of similar positions at ABX and at other employers in order to determine a competitive pay range. Upon completion of the review, a pay grade will be recommended and submitted to the Vice President of Human Resources for approval.
Annual Pay Plan Review
All positions are reviewed as part of the annual pay plan review. This review is done with the input of managers from each major department.