Broadbanding is the process of changing the company structure to get rid of some of the vertical hierarchy (reporting levels)in an organization.

Question

Quizplus · Accepted Answer

Broadbanding is a strategy in compensation management that consolidates a large number of pay grades into fewer, broader pay ranges to provide greater flexibility in managing employee wages and career progression, not specifically to change the company's vertical hierarchy.

Broadbanding Is the Process of Changing the Company Structure to Get