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Often a salary structure has ranges—minimum, midpoint, and maximum. Frequently, a market position is drawn from...

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General Management

Often a salary structure has ranges—minimum, midpoint, andmaximum. Frequently, a market position is drawn from the rangemidpoint. Another option becoming popular is broadbanding. Eachmethod has advantages and disadvantages. You may wish to look atthe salary structure and occupational families presented in theU.S. Office of Personnel Management Salary Table 2011-GS,referenced in the Resources. Notice how broad the bands are forindividual jobs. Complete the following:

•Analyze the advantages and disadvantages of broadbanding as acompensation plan.

•Conclude your essay by explaining your position on whether youthink broadbanding can be successfully competitive in your currentor previous work environment, and provide supporting reasons foryour position. How might broadbanding help with being successfullycompetitive compared to alternative salary structure ranges thatmight be used?

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3.7 Ratings (656 Votes)
Broad banding Advantages The greatest advantage of broad banding can be seen as the greater autonomy which is obtained by the management In the opinion of Milkovich with the help of broad banding compensation plans the managers are able to have the power to compensate the manpower as per their willThe conflicts between the HR department and the hiring managers can be avoided by using such a plan Apart from this the commonly thought view that the role of gatekeeper while defining the salary structure of the manpower is also    See Answer
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