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sujee pulen
on Oct 24, 2024

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Skill-based pay plans reward people __________.

A) based on their knowledge and education
B) based on their experience
C) for the mix and depth of skills they possess
D) for the particular job assignment they hold
E) at the same level of other people with the same job title

Skill-Based Pay

A compensation strategy where employees are paid based on the number, depth, or complexity of skills and knowledge they can bring to their work, rather than their job title or position.

Job Assignment

The designation of particular work roles or activities to employees based on their skills, interests, and the needs of the organization.

Skills

Abilities acquired through practice and learning that enable an individual to perform specific tasks effectively.

  • Comprehend the features, pros, and cons of skill-based remuneration.
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Shivam TiwariOct 30, 2024
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