Question

When establishing pay grades, an organization notices that certain highly specialized technical positions have market wage rates far exceeding what the company's internal job evaluation points justify. To attract and retain these critical technical professionals without disrupting the entire internal pay equity scale, HR assigns these specific roles to a separate, market-aligned pay scale. What is this compensation practice called?

A Broad-banding
B Market Carve-Out / Market-Based Pricing
C Red-Circling
D Green-Circling
E Compa-Ratio Adjustment
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