Compensation

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Across
  1. 2. Clauses in collective agreements that provide for quarterly cost-of-living adjustments in wages, basing these adjustments on the consumer price index
  2. 5. Wage increases larger than rises in the consumer price index, the real earning power of wages
  3. 6. Systematic process of determining the relative worth of jobs to establish which jobs should be paid more than others within an organization
  4. 8. Abbreviation for the term that measures the average change in prices over time in a fixed market basket of goods and services
  5. 9. Encompasses employee wages and salaries,incentives,bonuses, and commissions
Down
  1. 1. System of job evaluation in which jobs are classified and grouped according to a series of predetermined wage grades
  2. 3. Compression of differentials between job classes
  3. 4. Compensation of employees that aligns with the objectives and philosophies of the organization while also enhancing employee growth
  4. 7. Curve in a scattergram representing the relationship between the relative worth of jobs and wage rates