Aren the ranges of competitiveness the same as pay ranges but consolidate into different bands?
• The comparison of the market target to the midpoint of the pay range may be similar. • The pay band width provides greater flexibility than the pay range and accommodates salary growth within the pay band without the need to move to a higher band. If I am changing from a level 8 pay range to pay band c, is that the same as a demotion? No. Keep in mind that multiple pay ranges have been consolidated into 13 pay bands which reduce the number of pay bands needed to accommodate the jobs in the Health System. The new band letter only references which pay band your job’s market target matches. Will the Broadbanding approach look at what other healthcare institutions, universities or businesses pay so we can be competitive? • Yes, the midpoint of the current compensation program links salaries to the relevant local, regional or national market in a systematic way as will the broadband approach through relevant market medians. • The broadband structure allows for flexibility to respond to ma
