Which reward system is least appropriate in a situation in which an organization's training budget is particularly low?
A) profit-sharing
B) flexible benefit plans
C) informal rewards
D) skill-based pay

Question

Quizplus · Accepted Answer

Skill-based pay, which compensates employees for the range, depth, and types of skills and knowledge they are capable of applying to their work, often requires a significant investment in training to help employees acquire and maintain these skills. In a situation where an organization's training budget is particularly low, implementing or maintaining a skill-based pay system would be challenging and potentially inappropriate due to the costs associated with training and development.

Which Reward System Is Least Appropriate in a Situation in Which