Meaning & use

salary matrix

noun·Academic

Last updated

UK/ˈsæləri ˌmeɪtrɪks/
US/ˈsæləri ˌmeɪtrɪks/

Meanings

  1. nouncountable

    A table or chart that shows the pay ranges for different jobs, grades, or steps within an organization.

    Grammar: Use it with an or the: 'The company introduced a salary matrix.' It can be plural: 'salary matrices'.

    Patterns

    • a salary matrix for something
    • be placed on a salary matrix
    • move up the salary matrix

    New employees are placed on the salary matrix according to their experience.

    The salary matrix shows that a senior engineer earns between $80,000 and $110,000.

    The union negotiated changes to the salary matrix for all public school teachers.

  2. nouncountablebusiness

    A system that links pay increases to specific criteria such as years of service or performance ratings.

    Grammar: Often used in phrases like 'under a salary matrix' or 'based on a salary matrix'.

    Patterns

    • under a salary matrix
    • based on a salary matrix
    • implement a salary matrix

    Under the new salary matrix, teachers receive a raise for each additional year of service.

    The hospital uses a salary matrix that rewards nurses for advanced certifications.

    Some critics say the salary matrix makes it hard to reward excellent performance.

Word forms

pluralsalary matrices

Common combinations

salary matrix for
The salary matrix for managers is different from the one for clerks.
on the salary matrix
After the promotion, she moved up two steps on the salary matrix.
salary matrix system
The salary matrix system was designed to make pay decisions fairer.
salary matrix scale
The salary matrix scale goes from step 1 to step 20.

Synonyms and how they differ

pay scale
A pay scale is a range of pay rates for a particular job or group; it is often simpler than a salary matrix, which can show many grades and steps.
salary schedule
A salary schedule is a list of salaries for different positions or levels; it is similar but may not use a grid format.
compensation structure
A compensation structure is a broader term that includes salary, benefits, and bonuses, not just the salary grid.

Word family

salary noun
A fixed amount of money paid to an employee regularly, usually monthly or yearly.
matrix noun
A grid or table of rows and columns; in this phrase it refers to the table format.

Commonly confused: salary matrix or pay grade?

salary matrix vs pay grade

A pay grade is a single level in a salary system, while a salary matrix is the whole table that shows all the grades and steps.

Practice

The company uses a salary matrix to decide how much to pay employees at each level. What does 'salary matrix' mean here?

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