Question

During Broad banding while compensation structuring, which of the following is not followed
Select one:
a. Broad banding implies collapsing several salary grades in few wide levels or bands
b. Can be created for all jobs or for some jobs as per company need
c. Compensation can be made similar for all the jobs across all band
d. Gives flexibility to move people across compensation bands
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Answer 1

Answer:

Broadbanding is a method for evaluation and construction of job grading structure that exchanges a large number of narrow salary ranges for a smaller number of broader salary ranges. ... This type of pay structure encourages the development of broad employee skills and growth while reducing the opportunity for promotion.