This type of pay system is used by unions and contractors to reward their carpenters for increasing their carpentry abilities.

Question

Quizplus · Accepted Answer

The skill-based pay system rewards employees for improving their skills and abilities, which is the goal of the carpenters' union and contractors in this scenario. Knowledge-based pay rewards employees for acquiring new knowledge or education, while merit-based pay is based on performance evaluations. Incentive pay is based on meeting specific goals or targets.

This Type of Pay System Is Used by Unions and Contractors