Skill-Based Pay Means Linking Compensation to the Specific Tasks an Employee

question 180

True/False

Skill-based pay means linking compensation to the specific tasks an employee performs.

---

Definitions:

Variability

The degree to which scores in a set of data spread out or differ from each other.

Range

The range is calculated by subtracting the smallest value from the largest value in a set of data.

Interquartile Range

A measure of variability, calculated by subtracting the first quartile from the third quartile of a data set.

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of numbers.