____ Is the Practice of Using Fewer Pay Grades with Much

question 15

Multiple Choice

____ is the practice of using fewer pay grades with much wider ranges than in traditional compensation systems.

• A) Pay system compression
• B) Flexible grades
• C) Broadbanding
• D) Grade shrinkage

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Definitions:

Patrick Lencioni

An author known for his books on business management, particularly in the realms of leadership and organizational health.

Productivity

Productivity measures the efficiency of production of goods or services expressed as the output per unit of input, such as labor, materials, and time.

Groupthink

A phenomenon in which people share too similar a mindset, which inhibits their ability to spot gaps or errors.

Consensus

A general agreement or collective harmony in opinion among members of a group, often reached through discussion and compromise.