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The RZP Corporation is a large, hierarchical corporation. The compensation system at the firm possesses over 2 5 salary ranges for the various jobs performed

The RZP Corporation is a large, hierarchical corporation. The compensation system at the firm possesses over

25

salary ranges for the various jobs performed by employees. If the company were to implement a broadbanding approach to compensation, which of the following actions would need to be taken by HR to create such a system?

None of the other alternatives are true.

All of the other alternatives are correct.

The salary ranges for jobs in the company would need to be increased by

7 - 10 % .

The

25

salary ranges would need to be collapsed into one salary grade with a very narrower range

Job descriptions for all jobs in the firm will need to be rewritten

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