Which of the following job pricing methods focuses on paying employees based on skill depth, breadth, and self-management?
A) wage and salary surveys
B) point system
C) job ranking
D) job grading
E) knowledge-based pay

Question

Quizplus · Accepted Answer

Knowledge-based pay focuses on paying employees based on their skill depth, breadth, and self-management. This method is designed to reward employees for their level of knowledge and expertise, rather than simply their job title or position within the organization.

Which of the Following Job Pricing Methods Focuses on Paying