Which of the following base pay methods best supports behaviours needed by high involvement firms?
A) Market pricing
B) Pay for knowledge
C) Job evaluation
D) Broad-banding

Question

Quizplus · Accepted Answer

High involvement firms require employees to possess higher levels of skills and knowledge to contribute to decision-making and innovation. Therefore, pay for knowledge method compensates employees based on their skills and knowledge levels, motivating them to continuously learn and develop their expertise, leading to increased involvement in the firm. The other pay methods may not provide the same level of support for high involvement behaviours.

Which of the Following Base Pay Methods Best Supports Behaviours