Wage structure is the hierarchy within a company that sets the amount each level of employment is paid and what benefits each level is due. Lower-level employees are paid less than other people at the business, and these employees may get an hourly wage as opposed to a set salary. This means that if an employee misses work, then he or she would lose out on those wages. However, these employees are also due overtime if earned. Higher-level individuals at a company are more likely to receive far greater compensation for their work due to the responsibilities they have. Additionally, these individuals may be able to earn better or more benefits.
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