Competency-Based Pay Plans Are Only Used When Employees Are Salaried

question 67

True/False

Competency-based pay plans are only used when employees are salaried.

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Definitions:

Bowling Scores

Numeric representations of a player's performance in the game of bowling, typically the total number of pins knocked down.

Consistent

Marked by harmony, regularity, or steady continuity; free from variation or contradiction.

Normal Curve

A symmetric, bell-shaped curve that represents the distribution of many types of data where most values cluster around the mean.

Standard Deviations

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.