The procedure of using less and more broad pay grades than the traditional system of compensation is classified as Options: A . &nbspsalary banding B . &nbspstructure banding C . &nbspbroad banding D . &nbspgrade banding

The procedure of using less and more broad pay grades than the traditional syste

Question

The procedure of using less and more broad pay grades than the traditional system of compensation is classified as

Options:

A . salary banding

B . structure banding

C . broad banding

D . grade banding

Answer: Option C
Answer: (c).broad banding

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Question 1. The curve which is used to represent relationship between pay rate and experience is classified as....

Question 2. The compensation quartile strategy in which employer of organization pays below than market compensations is called....

Question 3. The compensation philosophy according to which the organization increase the salary of employees every year is called....

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