The levels and series of steps based on the years of service in pay grades are called?
Correct answer: A. pay ranges
- A. pay ranges
- B. grade ranges
- C. similar jobs grades
- D. anchoring pay ratings
Explanation
Pay ranges are the levels or progression of pay attached to a grade, often showing minimum-to-maximum rates or steps linked to service and experience. The other choices are not standard terms for this structure.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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