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
This Question Belongs to Management >> Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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