__________ is the use of very wide pay grades to increase pay flexibility.
A) Job pricing
B) Single pay rate tiers
C) Pay grade reckoning
D) Broadbanding

Question

Quizplus · Accepted Answer

Broadbanding is a compensation strategy where there are fewer pay grades with much broader salary ranges. This allows for greater flexibility in setting pay and simplifies the job classification process. It is most commonly used in organizations with flatter structures and more flexible job roles.

__________ Is the Use of Very Wide Pay Grades to Increase