salary matrix Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “salary matrix” in the English Dictionary

"salary matrix" in Business English

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salary matrixnoun [C]

uk   us  
HR, WORKPLACE a chart that ​shows the ​range of ​salaries in a ​company and that is used when a decision is being made about how much people's ​salaries should ​increase: The new ​statesalarymatrix will ​keep new teachers from ​advancing in ​pay as quickly as they did in the past.
(Definition of salary matrix from the Cambridge Business English Dictionary © Cambridge University Press)
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