Guaranteed wages and salary increases based on the amount of time the employee has spent with the organization are called ______.
A) skill-based pay
B) job content-based pay
C) performance-based pay
D) seniority-based pay

Question

Quizplus · Accepted Answer

Seniority-based pay refers to compensation systems where employees receive guaranteed wages and salary increases based on the length of time they have been with the organization, rather than on skill level, job content, or performance metrics.

Guaranteed Wages and Salary Increases Based on the Amount of Time