German | English |
arbeitsmarktbasierte Gestaltung der Vergütung | job market pricing (A method of determining compensation by comparing individual jobs to market benchmark data for similar jobs in order to identify a value-relative basis. With this method, a specific pay range is associated with an individual job, but not with a compensation level (grade or band). Job market pricing is a feature of broad-banding compensation structures, but not of grades or steps) |
direkte Vergütung | direct compensation (The fixed and variable compensation awarded to an employee in exchange for services rendered) |
feste Vergütung | fixed compensation (Compensation, independent of performance, that is awarded to an employee by an organization) |
indirekte Vergütung | indirect compensation (The fixed compensation awarded to an employee in order to promote employee retention) |
leistungsabhängige Vergütung | pay per performance (An employee payment system that is based on measures of goals and reviews. Employees receive increased compensation for their work if they or their team, department, or company reaches certain targets) |
schrittweise Vergütung | step compensation (A compensation level structure that defines discrete amounts of pay per level. Pay is described as a specific amount, and frequency is usually expressed as hourly. For example, one step may have ten increasing, specific rates of hourly pay. Pay increases move an employee from one rate to another within a step for a specific reason, such as the length of tenure or improved skills) |
variable Vergütung | variable compensation (Compensation, contingent on discretion, performance, or results, that is awarded to an employee by an organization) |
Vergütung/Abzüge | Benefit/deductions (A UI element that allows a user to specify the type of charge or service that is paid for by the employee, by the employer, or by both the employee and employer. Benefit/deductions paid by an employer are calculated during the payment process and then captured for reporting and remittance purposes) |