Which of the following adjustments to core compensation rewards employees for acquiring new knowledge and skills through designated curricula sponsored by an employer? (Adjustments to Core Compensation)

Question

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Person-focused pay, also known as skill-based pay, rewards employees for acquiring and demonstrating new knowledge and skills through designated curricula sponsored by the employer. This type of pay provides employees with incentives to enhance their skills and knowledge, which in turn benefits the organization. The other options (merit-pay, seniority-pay, and incentive-pay) do not specifically reward employees for acquiring new knowledge and skills through designated curricula.

Which of the Following Adjustments to Core Compensation Rewards Employees