In compensation management, what does ‘broadbanding’ refer to?
AConsolidating many narrow pay grades into a few wide salary bands
BEliminating all salary grades in favor of equal pay
CIncreasing base pay based on broadband internet usage
DOffering identical benefits packages across all departments
Explanation
Broadbanding collapses traditional narrow salary grades into wider pay bands, offering greater flexibility in compensation.
Exam Relevance
- Topic: Compensation & Benefits
- Subtopic: Pay Structures

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