The _____ Pay Strategy Emphasizes External Competitiveness and Deemphasizes Internal

question 41

Multiple Choice

The _____ pay strategy emphasizes external competitiveness and deemphasizes internal alignment.

• A)job structure
• B)broad banding
• C)reference rate
• D)market pricing

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Definitions:

Line Managers

Individuals who are directly responsible for overseeing and managing employees and operations to ensure the production of goods and services.

Program Champion

A person who is willing and able to “cut the red tape” to move the program forward.

Red Tape

Bureaucratic procedures and rules considered excessive and hindering processes.

Paralysis By Analysis

A situation where decision-making is hindered or halted by the excessive analysis of data or overthinking.