Which of the following pay systems is used by unions and contractors to reward their carpenters for increasing their carpentry abilities?

Question

Quizplus · Accepted Answer

Skill-based pay systems are used to reward employees based on their skill levels and abilities. This is the most appropriate pay system for unions and contractors who want to reward their carpenters for increasing their carpentry abilities. Knowledge-based pay systems are used to reward employees for acquiring and applying knowledge, incentive pay systems are used to motivate employees to improve their performance, and merit-based pay systems are used to reward employees based on their overall job performance. None of these pay systems are as appropriate as skill-based pay for rewarding carpenters for increasing their carpentry abilities.

Which of the Following Pay Systems Is Used by Unions