The right reaction is Broad banding. achieved by merging several pay levels into a single one. Compensation is the sum of a worker's wages and benefits.
Businesses who set a wider-than-normal compensation band or pay range for a job level are said to be broad banding. Businesses generally develop a large number of wage bands to cover a wide range of remuneration. These pay ranges frequently cross over one another.
Which kind of business would gain the most from broad banding? large organizations that desire to combine different management levels. In order to establish bigger ranges, several or even more salary grades are combined to produce "broad banding" (salary bands), which allows workers to advance within their position without exceeding the pay scale.
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