Broadbanding

Broadbanding

Broadbanding is used by Payroll Departments in the Human resource management. Its a technique used to categorize different pay structures of employees of an organization.

In other words, it is simply grouping of similar jobs, roles into a category, in order to simplify payroll processing. [ [http://www1.umn.edu/ohr/compensation/classification/broadbanding/index.html University of Minnesota] ] [ [http://www.auxillium.com/broadbn2.shtml Auxillium West] ] [ [http://humanresources.about.com/od/glossaryb/g/broadbanding.htm About.com] ]

References


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Look at other dictionaries:

  • broadbanding — broad‧band‧ing [ˈbrɔːdbændɪŋ ǁ ˈbrɒːd ] noun [uncountable] HUMAN RESOURCES a system in which there are only a few levels of jobs in a company, but there is usually a big difference between the lowest and highest pay at each level : • Broadbanding …   Financial and business terms

  • broadbanding — Adoption of an organizational pay structure that consists of a small number of broad pay bands , usually four or five in total. This allows greater scope for rewarding individual employees on the basis of performance, skill level, and market… …   Big dictionary of business and management

  • delayering — The removal of layers of middle management (usually) from organizational structures, in order to bring an organization closer to the customer and generally to be more flexible and responsive. The process is facilitated by increased use of… …   Big dictionary of business and management

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