What is the term for reducing the number of salary grades and ranges into just a few wide levels?
A) Broadbanding
B) Job specialization
C) Departmentalization
D) Job classification
E) Positioning grading

Question

Quizplus · Accepted Answer

Broadbanding refers to the process of reducing the number of salary grades and ranges into just a few wide levels. This can simplify the compensation system and provide more flexibility in rewarding employees based on performance and skills, rather than just their job title or level.

What Is the Term for Reducing the Number of Salary