As the owner of a large hotel,you expect your employees to be flexible,learn a variety of skills,and shift around from one job to another as needed. Which of the following plans will best fit your needs?
A) Competency-based pay
B) Skill-based pay
C) Team-based pay
D) Piece rates

Question

Quizplus · Accepted Answer

Skill-based pay would be the best choice because it rewards employees for acquiring and utilizing a variety of skills, allowing them to be more flexible and able to shift around from one job to another as needed. Competency-based pay focuses on specific competencies rather than overall skills and may not encourage the same level of flexibility. Team-based pay and piece rates are not as relevant in this situation as they do not directly incentivize employees to learn new skills or shift job duties.

As the Owner of a Large Hotel,you Expect Your Employees