What Type of Pay System Sets Pay According to the Employee's

question 2

Multiple Choice

What type of pay system sets pay according to the employee's level of skill or knowledge and what they are capable of doing?

• A) Broadbanding
• B) Pay for individual performance
• C) Competency-based pay system
• D) Variable pay
• E) Standard hour plan

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Definitions:

1750

A year in the 18th century that witnessed numerous historical events, but without additional context, this entry doesn't point to a specific occurrence.

Successful European Settlements

Colonies or communities in new lands that were established by Europeans and thrived economically and socially.

Elective Office

A public office filled through elections, wherein candidates are chosen by voters to occupy a governmental position.

Seventeenth-Century Chesapeake

Relates to the region around the Chesapeake Bay in the 1600s, significant for its early English settlements and tobacco cultivation.