Frito-Lay Corporation ties its compensation for frontline operations managers to developing their skills in leadership, workforce development, and functional excellence.This is known as
A)gainsharing.
B)profit sharing.
C)skill-based pay.
D)merit-based pay.
E)bonuses.

Question

Quizplus · Accepted Answer

Skill-based pay is a compensation system that ties pay to the level of skill, knowledge, or competency an employee has acquired in performing their job. In this given scenario, Frito-Lay Corporation is tying compensation for frontline operations managers to developing their skills in leadership, workforce development, and functional excellence, which is a characteristic of skill-based pay.

Frito-Lay Corporation Ties Its Compensation for Frontline Operations Managers to Developing