Refer to the Scenario below to answer the questions that follow.
Human Resource Planning (Scenario)
Steven is hired to manage the human resources department of a local manufacturing company.Unfortunately,the company has a reputation among workers of being the firm "where you work until you find your next job." Employee turnover is high and morale is low.Steven is determined to change the situation by turning the organization's human resources into a competitive advantage and a source of pride for the firm.
-To improve the company's compensation system,Steven recommends a ________ pay system that rewards employees for competencies they can demonstrate,rather than basing pay on job titles.
A)knowledge-based
B)merit-based
C)function-based
D)skills-based
E)quota-based

Question

Quizplus · Accepted Answer

A skills-based pay system rewards employees for the specific skills they have acquired and can demonstrate, rather than basing pay solely on their job title. This can promote a culture of continuous learning and development, and can encourage employees to acquire new skills to increase their pay. This can, in turn, improve morale and reduce turnover, as employees feel more valued and supported in their professional growth.

Refer to the Scenario Below to Answer the Questions That