Multiple Choice
The new management at LennoCorp felt that the company had too many salary grades, making the compensation system overly complex and encouraging an obsession with pay grade rather than skill development. They are collapsing the salary grades into a few wide salary bands in a process known as
A) red circling.
B) broadbanding.
C) pay ranging.
D) factor comparison.
Correct Answer:
Verified
Correct Answer:
Verified
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