__________ is a pay system that rewards employees for the job skills and competencies they can demonstrate.
A) Incentive pay
B) Merit-based pay
C) Union pay
D) Tenure-track pay
E) Skill-based pay

Question

Quizplus · Accepted Answer

Skill-based pay is a pay system that rewards employees for the specific job skills and competencies they can demonstrate, instead of just years of service or job title. This can allow for a more objective and fair approach to compensation, as employees are paid based on their actual abilities and contributions to the organization.

__________ Is a Pay System That Rewards Employees for the Job