The predominant approach to employee compensation is
A)pay-for-performance.
B)competence-based pay.
C)job-based pay.
D)individual contract.

Question

Quizplus · Accepted Answer

The predominant approach to employee compensation is job-based pay, where an employee's salary is based on the job they perform, rather than their individual performance or competence. This approach is typically used to establish a fair and consistent pay structure for employees within an organization. Pay-for-performance and competence-based pay are alternative approaches to compensation that may be used in conjunction with job-based pay, but they are not the predominant approach. Individual contracts may be used for executive-level employees or in specialized industries, but are not typically used for most employees.

The Predominant Approach to Employee Compensation Is