Skill-based pay systems are also referred to as:
A) competency-based pay systems.
B) knowledge-based pay systems.
C) market-based pay systems.
D) seniority-based pay systems.

Name: Skill-based pay systems are also referred to as: A) competency-based pay systems. B) knowledge-based pay systems. C) market-based pay systems. D) seniority-based pay systems.
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Question

Quizplus · Accepted Answer

Skill-based pay systems (also known as knowledge-based pay systems) compensate employees for the skills they bring to a job.

Skill-Based Pay Systems Are Also Referred to As