Broadbanding Definition and Explanation PDF Download
Learn Broadbanding definition in hrm with explanation to study “What is Broadbanding”. Study broadbanding explanation with HRM terms to review HRM course for online MBA programs.
Practice of using fewer pay grades with much broader ranges than in traditional compensation systems.
Human Resource Management by Robert L. Mathis, John H. Jackson
Broadbanding is a strategy for assessment and development of occupation reviewing structure that trades countless restricted pay ranges for fewer more extensive pay ranges. Broadbanding helps in building up what is required to pay for a particular position. This sort of compensation structure supports the advancement of wide worker abilities and development while lessening the open door for advancement. Broadbanding prompts absence of advancements inside the association; it enables associations to build pay and offer open doors for preparing without advancing workers. Broadband compensation structures aren't delicate to changing economic situations. It advances and encourages inward development inside the association and underlines different characteristics of a position, other than the compensation grade which is as of now revealed.
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