Steelweld,a car parts manufacturer,pays employees a higher hourly rate as they learn to operate more parts of the work process.Employees earn $10 per hour when they are hired and they can earn up to $20 per hour if they master all 12 work units in the production process.Steelweld is applying which of these reward systems?

Question

Quizplus · Accepted Answer

Skill-based pay, as described, rewards employees for mastering different tasks or skills within the production process. The hourly wage increases as they become proficient in more units. Piece-rate pay is based on the quantity of products produced, job evaluation system is used to determine the relative value of different jobs in an organization, and seniority-based pay is based on the length of time an employee has worked for the company.

Steelweld,a Car Parts Manufacturer,pays Employees a Higher Hourly Rate as They