Asked by Shalara Santana on Apr 25, 2024
Verified
Assuming an organization wants to motivate employees through promotions, and assuming enough opportunities for promotions are available, the organization would want to
A) increase the overlap from one level to the next.
B) reduce its compa-ratio to less than 1.
C) implement a broadband pay structure.
D) limit the overlap from one pay range to the next.
E) use a fixed interval promotion policy.
Compa-Ratio
A metric comparing an individual's salary to the average for their job or level within the organization, indicating relative pay position.
Broadband Pay Structure
A compensation system that consolidates a large number of pay grades into fewer broad bands, offering flexibility in managing employee salaries.
Fixed Interval Promotion
A promotional strategy where employees are moved up to a higher position or salary grade after a specific, preset period.
- Acquire knowledge about the architecture and justification of compensation ranges and their role in enhancing organizational agility and employee progression.
Verified Answer
Learning Objectives
- Acquire knowledge about the architecture and justification of compensation ranges and their role in enhancing organizational agility and employee progression.
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