The HR manager of a company thinks that they have too many narrow pay grades within the organization.By getting the support from upper management,they decided to consolidate existing pay grades and ranges into fewer pay grades and broader pay ranges in order to create a flatter organization in terms of compensation.This is an example of which pay structure variation?
A)broadbanding
B)two-tier pay system
C)pay compression
D)multiple-tier pay system

Question

Quizplus · Accepted Answer

This is an example of broadbanding, which involves consolidating pay grades into fewer, broader ranges in order to create a flatter organization in terms of compensation.

The HR Manager of a Company Thinks That They Have