An entitlement approach to compensation factors in elements such as how much an employee knows when determining compensation.

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An entitlement approach to compensation focuses on factors such as seniority, job title, and experience, rather than how much an employee knows. A knowledge-based compensation approach, on the other hand, would take into account an employee's skills, training, and knowledge when determining compensation.

An Entitlement Approach to Compensation Factors in Elements Such as How