Asked by
Tayseer Afifi
on Dec 06, 2024Verified
Implementing broad bands increases the opportunities for promoting employees.
Broad Bands
A strategy in pay structure where a wide range of salaries is offered within a single pay band, allowing for greater flexibility in employee payment.
Promoting Employees
The process of advancing an employee's rank or position within a company, often accompanied by an increase in salary and responsibilities.
- Acknowledge the role and operations of pay configurations in realizing organizational targets, encompassing cost containment.
Verified Answer
AJ
Learning Objectives
- Acknowledge the role and operations of pay configurations in realizing organizational targets, encompassing cost containment.
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