Competency-based pay systems represent a fundamental change in the attitude of management regarding how work should be organized and how employees should be paid for their work efforts.

Question

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Competency-based pay systems shift the focus from paying for the job position to paying for the individual's skills, knowledge, and competencies, indicating a change in how work is valued and how employees are compensated.

Competency-Based Pay Systems Represent a Fundamental Change in the Attitude