When employees are paid more than the maximum of their pay grade, these rates are called _____ rates.
A)red circle
B)yellow circle
C)blue circle
D)green triangle

Question

Quizplus · Accepted Answer

Red Circle rates refer to pay rates that exceed the maximum of an employee's pay grade or salary range. These rates are typically reserved for exceptional circumstances such as retention of key employees or market competitiveness, and require special approval from management. Yellow Circle rates refer to pay rates below the minimum of an employee's pay grade or salary range, while Blue Circle rates are a less common term that refers to pay rates above the maximum but without special approval. Green Triangle rates are not a recognized term in HR and compensation practices.

When Employees Are Paid More Than the Maximum of Their