This is similiar to a framework my company utilizes for promotions. The key difference is that everyone at the same level makes the pay. This is great for trans

This is similiar to a framework my company utilizes for promotions. The key difference is that everyone at the same level makes the pay. This is great for transparency - everyone knows how someone should be performing and how they are being compensated (all the way up throughout the company). For those interested, the company is Pariveda Solutions.