The process of adjusting salary structures based on benchmarking results is known as _______.
- Compensation alignment
- Market pricing
- Pay equity analysis
- Salary calibration
The process of adjusting salary structures based on benchmarking results is known as salary calibration. It involves fine-tuning salary ranges to reflect market realities and maintain internal equity.
Loading...
Related Quiz
- Faced with budget constraints, how would you redesign the benefits package to maintain employee satisfaction?
- How does strategic HR management impact employee retention and satisfaction?
- How does market data influence compensation benchmarking?
- In a rapidly changing industry, what workforce planning approach would best prepare the organization for future challenges?
- In performance management, _______ is a method that focuses on developing employees' future performance rather than evaluating past performance.