Wage And Salary Adm

2.2 There may be special circumstances relating to a position that invalidate the assignment of an economic value, but this should be the exception rather than the rule. 2.3 A position is only worth so much money to the company regardless of the person who fills the position or their length of service. 2.4 Base pay is the value of the job to the company; compensation for individual effort should be related to an incentive plan. In the case of sales or management, however, incentives may be expected to replace much of the base pay.