Wk 5 Discussion – Employee Development and Pay Equity Answer

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Wk 5 Discussion – Employee Development and Pay Equity

  • What are your feelings on a traditional salary structure (many levels) vs. simplified pay bands?
  • Have your thoughts on salary structure changed after this exercise?
  • What are the advantages and disadvantages of using salary bands?

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Wk 5 Discussion – Employee Development and Pay Equity Answer

From what I have learned about traditional salary structure versus simplified pay bands, it makes a crucial change in the organization which can definitely affect employee satisfaction and thus, employee retention. Both have pros and cons and since we already understand how traditional salary structure works, exploring simplified pay bands can help us understand more about it.

 

Simplified pay bands have both pros and cons.

This question is taken from Org 535 – People and Organizations » Fall 2021 » Discussions