Examlex
Which of the following is not a source of inequality in incomes?
Job Evaluation
A systematic process for assessing the relative worth of jobs within an organization to establish fair compensation.
Benchmark Jobs
Positions within an organization used as a standard or comparison point for determining the value of other jobs and setting salary levels.
Market Comparisons
The process of comparing an organization's compensation levels, benefits, and job functions to similar positions in other companies within the same industry to establish competitive salaries.
Broad Banding
A method of salary structure that consolidates a large number of pay grades into fewer, wider ranges to offer greater flexibility in managing employee career progression.
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