Where can I find information about different salary "grades"? I applied for a position today and it lists its compensation as a "Grade 5" - what does that mean? Is there a website that would help me learn more about this? I live in MN.
2007-03-15 05:44:24 · 3 answers · asked by chaotic_mum 4 in Business & Finance ➔ Careers & Employment
Salary grades for private sector corporations are specific to that corporation. So a "grade 5" in one company might be a "level 7" in another or an "H4" in a third.
It is perfectly acceptable to ask the hiring authority what the salary range is for the position, and to expect an answer in real numbers, not grade levels.
2007-03-15 05:49:27 · answer #1 · answered by Mel 6 · 1⤊ 0⤋
If you're working for the public sector (education, city, county, state, federal, etc) the salary grades are published in the HR section of their website. If not, you can ask for it as it is public domain.
If you applied for a company in the private sector they won't list it and you have to ask. But asking is OK. The most polite way to ask is not what the range is, but what the midpoint is. Companies are much happier to share midpoint information with you than range info (because they want to bring you in at midpoint).
2007-03-15 13:02:16 · answer #2 · answered by Makakio 3 · 0⤊ 0⤋
You need to ask the company what this means. There is no such thing as universal "salary grades". Whatever "Grade 5" means, it applies only at that one company.
2007-03-15 12:47:18 · answer #3 · answered by Lisa A 7 · 1⤊ 0⤋