Which of the following is the practice of collapsing the traditional large number of salary levels into a small number of salary grades with broad pay ranges?
A) Broad-banding
B) Skill pay
C) Commissions based beyond sales to customers
D) Rewarding leadership effectiveness

Question

Quizplus · Accepted Answer

Broad-banding is the practice of collapsing the traditional large number of salary levels into a small number of salary grades with broad pay ranges. This approach allows for more flexibility in compensating employees based on their skills and competencies, rather than simply their position or tenure.

Which of the Following Is the Practice of Collapsing the Traditional