Statement I In competency or skill based pay, employees are paid for the range, depth and types of skills and knowledge they are capable of using rather than for the job they currently hold.
Statement II Broadbanding result into increase in salary grades and ranges from 3 or 5 to 10 or more.
A. Only Statement I is correct
B. Only Statement II is correct
C. Both statements are correct
D. Both statements are incorrect
Answer: Option A

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