This is a representation of the organization's pay level policy, relative to what competitors pay for similar jobs is A. Pay-policy line.
The term known as Pay policy lines are known to be factors that are useful when trying to depict survey data and comparing them with the internal pay structure.
Note that from the use of the pay policy line, organizations tend to set up the minimum as well as the maximum pay levels, the assocaition between pay grades, and the scope of a pay grade.
Therefore, This is a representation of the organization's pay level policy, relative to what competitors pay for similar jobs is A. Pay-policy line.
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