Definition, Meaning & Synonyms

salary-bracket

Noun

/ˈsæl.ə.ri ˈbræk.ɪt/

Definition

A salary bracket is a range of income levels that define how much an employee can earn for a specific position or level of employment.

Examples

Employees in the salary bracket of $50,000 to $70,000 typically receive competitive benefits.
In this company, the salary bracket for entry-level positions starts at $30,000.
The salary bracket investigation revealed disparities among similar job titles.

Meaning

It refers to the classification of salaries within an organization or job market, used to determine pay scales based on various factors such as experience, role, and market demand.