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This question is about salaries.
What is pay scale?
Pay scale is a system that calculates how much an employee in a certain industry or profession earns in terms of a wage or salary.
Pay scales typically rely upon one or several factors, such as the employee's job title within a company, the length of time the employee has held the position, and the degree of difficulty of the work the employee performs.
Many other factors also influence the pay scales for employees, including the industry they work in, the amount of experience they have, and their background education.
A pay scale displays the range of salary or wages an employee should expect to receive at different stages in their career. They are useful for employees when determining an accurate estimation of what their current position will pay in the future, if they choose to stay on the same career track.
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