When Introducing a Competency-Based Pay Structure, What Should Organizations Consider

question 62

Multiple Choice

When introducing a competency-based pay structure, what should organizations consider?

• A) if it's possible to link competencies to business objectives
• B) how to deal with employees who do not want to increase their competencies
• C) which competencies demonstrably affect performance
• D) how to make the announcement to employees

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Definitions:

Accountant-Client Privilege

A legal privilege that confidentializes communication between accountants and their clients, protecting certain information from being disclosed in legal proceedings.

Attorney-Client Privilege

A legal principle that keeps communications between an attorney and their client confidential, barring disclosure to third parties.

Testify

To give evidence as a witness in a court of law.

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Insurance coverage designed to protect businesses from internet-based risks, such as data breaches or cyber-attacks.