________ is a pay system that rewards employees for the job skills and competencies they can demonstrate.

Question

Quizplus · Accepted Answer

Skill-based pay is a pay system that rewards employees for the job skills and competencies they can demonstrate. It is based on the idea that employees who have a greater mastery of job-related skills and knowledge should be compensated at a higher rate than those who do not. Skill-based pay is designed to encourage employees to develop their skills and expertise, and to incentivize them to continually learn and improve.

________ Is a Pay System That Rewards Employees for the Job