Vanessa will move up to a higher pay wage with the salon she works for when she learns more about the products the salon uses. What type of compensation is this an example of?

Question

Quizplus · Accepted Answer

This is an example of skill-based pay, which rewards employees for increasing their knowledge and abilities in the workplace. As Vanessa learns more about the salon's products, she is increasing her skills and therefore becoming eligible for a higher pay wage.

Vanessa Will Move Up to a Higher Pay Wage with the Salon