Income Bracket

Income bracket is the bandwidth from a basic wage towards all possible salary components and is used to give employees a career perspective and to give the employer the possibility to reward achievements.

Famous quotes containing the word income:

    We commonly say that the rich man can speak the truth, can afford honesty, can afford independence of opinion and action;—and that is the theory of nobility. But it is the rich man in a true sense, that is to say, not the man of large income and large expenditure, but solely the man whose outlay is less than his income and is steadily kept so.
    Ralph Waldo Emerson (1803–1882)