The techniques which allow employer for flexible labor stance is?
Correct answer: D. pay ranges
- A. job classification
- B. job evaluation method
- C. job ranking technique
- D. pay ranges
Explanation
Pay ranges allow managers to set different pay rates within the same grade, giving the employer flexibility to recognise experience, performance and labour-market differences. Job classification and ranking mainly determine job relationships rather than flexible pay movement.
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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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