Is this normal for a company?

[Semidevil]

so my company's salary structure is based on a pay grade.

ie, depending on your position, your salary is between a range. If you promote, you get bumped to the higher pay grade, and the minimum and maximum of the range are increased.

The ranges we have are pretty high. Example, an entry level position starts out at 40k, and the maximum of the range is 80k. the next level up would be 45k to 95k.

So lets say I get promoted and my salary is 45k. I work there for a while and my salary bumps up to 60k.

the way that company policy works, if you step down, you pay grade goes down, but your salary stays.

So suppose I step down to my entry level position, my pay will still be 60k. If I choose, I suppose I can stay there and work up to 80k, still doing the same job.

Is this standard among most U.S companies, or is this something fairly unique in that they do not take money away from you? I'm just curious as I have never worked anywhere else, so I was wondering how other companies deal with compensation if someone steps down to a lesser responsibility position.

 

[Kelvrick]

Kind of makes sense, I guess. If you had stayed at the entry level, your salary would have eventually upped to 60k anyway.

What if you had worked your way up to 95k? Would they be bumping you down to 80k?

I'm assuming inside the same field.

 

[SunnyD]

Step down what? Step down imho means resign. Why would you keep a salary if you resign, and where can I get an application with such a place?

 

[FoBoT]

where i work, they don't really allow lateral movement or downgrading, they figure if you aren't moving up, you might as well leave

if they did let you go down, yeah, your pay would stay the same and you'd be closer to the upper end of the new scale

 

[mozirry]

I've only seen one person get downgraded before, and usually it's a no increase in pay but you should be able to keep your hourly rate so long as it's not outside of the lower job grade range.

If you take a cut usually you leave

 

[Red Squirrel]

Originally posted by: SunnyD
Why would you keep a salary if you resign, and where can I get an application with such a place?

Chrysler, Ford, GM...