occurs when new employees require higher starting pay than the historical norm, causing narrowing of the pay gap between experienced and new employees. a. wage compression b. delayering c. job evaluation d. broadbanding

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26-10-2022
Business

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occurs when new employees require higher starting pay than the historical norm, causing narrowing of the pay gap between experienced and new employees. a. wage compression b. delayering c. job evaluation d. broadbanding

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asarwar asarwar · Answer 1 · 2022-10-28T11:15:00-04:00

Wage compression occurs when new employees receive higher starting pay than the historical norm, causing a narrowing of the pay gap between experienced and new employees. Thus, the correct answer option is (a) 'wage compression'.

Wage compression is defined as the small difference in pay of employees working in an organization regardless of differences in their respective abilities, skills, experience, knowledge, and seniority. Wage compression happens when the employees who have been working in the organization for a long time receive less salary than the newly hired employees in the same level of job position. With pay/wage compression, there exist little differences between the salaries of employees that ignore their skills, experience, and seniority levels.

Other options are described briefly as follows:

Delayering: This is the process to reduce vertical hierarchy or reporting levels in an organization.
Job evaluation: It refers to the process of comparing the worth of each position relative to the other job positions in the organization.
Broadbanding: In this method, multiple job levels are combined into a single one.

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