Answer:
Wage curve
Step-by-step explanation:
This is known as a wage curve. A wage curve is a graphical illustration that shows the present pay rate for different jobs in a pay grade with respect to the ranking of their company. It is done so that Employees are paid well in respect to the skills they have and also the levels of education they have acquired. Through a wage curve a company can also see what other companies in same field pay their employees.