The ranging and grading salary into just few levels is called?
Correct answer: B. broad banding
- A. less branding
- B. broad banding
- C. competency model
- D. skill based pay model
Explanation
Broad banding combines many narrow salary grades into a small number of wide pay bands. This gives organizations greater flexibility in assigning pay across jobs and skill levels.
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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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