Broadbanding forces employees to focus on moving into higher-paying jobs when look to develop their own careers.

Name: Broadbanding forces employees to focus on moving into higher-paying jobs when look to develop their own careers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Broadbanding is a compensation strategy that consolidates a large number of pay grades into a few broad bands, which can encourage employees to develop a wider range of skills and take on varied roles, rather than focusing solely on moving to higher-paying positions.

Broadbanding Forces Employees to Focus on Moving into Higher-Paying Jobs