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More employers use market-based pay structures

Sixty-four percent of employers use market-based salary structures rather than traditional pay structures at 23 percent and broadband structures at 12 percent, both of which were once popular, according to the 2012 Survey of Salary Structure Policies and Practices, a new study by WorldatWork and Deloitte.

By Amanda McGrory-Dixon | Updated on November 13, 2012

Sixty-four percent of employers use market-based salary structures rather than traditional pay structures at 23 percent and broadband structures at 12 percent, both of which were once popular, according to the 2012 Survey of Salary Structure Policies and Practices, a new study by WorldatWork and Deloitte.

“Compared to prior survey results we have seen an upward trend of organizations using market-based structures over traditional structures,” says Kerry Chou, a Certified Compensation Professional and practice leader for WorldatWork. “Market-based structures have struck a chord with organizations because they combine the more well-defined parameters of a traditional structure with the range spread flexibility of broad bands.”

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