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.

In governmental terms, entire populations are divided into income brackets. These brackets are used to categorize demographic data as well as determine levels of taxation and benefits.

See also

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.