XYZ Company wants to pay its employees based on their skills that are valued by the company. Which of the following would it most likely use?
A) commission pay
B) stock-based pay
C) profit sharing
D) competency-based pay

Question

Quizplus · Accepted Answer

Competency-based pay is a system where employees are compensated based on the skills, knowledge, and behaviors that are valued by the company, making it the most likely option for XYZ Company if they want to pay employees based on valued skills.

XYZ Company Wants to Pay Its Employees Based on Their