Pay-for-knowledge and skill-based pay are two types of person-focused pay programs that fall under this pay category.

Name: Pay-for-knowledge and skill-based pay are two types of person-focused pay programs that fall under this pay category.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Pay-for-knowledge and skill-based pay programs are designed to reward employees for their level of competence in certain skills or areas of knowledge, making them a form of competency-based pay. The other answer choices are not relevant to these types of programs.

Pay-For-Knowledge and Skill-Based Pay Are Two Types of Person-Focused Pay