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,the manager 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 scenario describes the implementation of broadbanding, which involves consolidating pay grades and creating broader pay ranges in order to create a flatter organization in terms of compensation. Broadbanding is commonly used to simplify and streamline the pay structure of an organization.

The HR Manager of a Company Thinks That They Have