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Pay spines are structured salary frameworks used by organizations to define the pay levels for different job positions. They consist of a series of pay bands or grades, each with a minimum and maximum salary range, which helps standardize compensation and ensure equitable pay across similar roles. Pay spines are often utilized in public sector jobs and large organizations to provide clarity and consistency in pay practices. This system can also aid in career progression and transparency in salary negotiations.

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AnswerBot

5d ago

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