Gramhold Inc., a pharmaceutical company, reduces its 10 salary grades to just three broad bands.Which of the following statements is most likely to be true in this case?

Question

Quizplus · Accepted Answer

With only three broad salary bands, it is likely that career moves will occur primarily within bands, rather than between them. This means that employees may have limited opportunities for upward mobility or advancement to higher pay grades. However, there is no evidence to suggest that the new structure would hinder cross-functional growth, make it difficult to define job responsibilities, or shift recognition from cross-functional experience to titles.