Competency-Based Pay Systems Compensate Employees for the Different Skills or Knowledge

question 2

True/False

Competency-based pay systems compensate employees for the different skills or knowledge they possess rather than for the job they hold in a designated job category.

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Definitions:

Violation

The act of breaching or failing to comply with laws, regulations, or set agreements.

Plant Patent

A form of intellectual property protection that gives the rights to an inventor or discoverer of a new and unique plant’s key characteristics for a period of time.

Living Plants

Organisms of the plant kingdom that are characterized by growth, reproduction, and continuous metabolism.

Agreement

A mutual understanding or arrangement between two or more parties regarding their rights and responsibilities.