Rates being paid to overpaid employees are often called

Name: Rates being paid to overpaid employees are often called
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Question

Quizplus · Accepted Answer

Red circle pay rates are often used for overpaid employees to prevent a reduction in pay and are based on maintaining their current salary while freezing or reducing the pay for new hires or lower-tier employees. This allows for the overpaid employees to maintain their salary while the company makes adjustments to their compensation structure.

Rates Being Paid to Overpaid Employees Are Often Called