Examlex
Which of the following would shift the demand curve for new textbooks to the right?
Skill-based Pay Plans
Compensation systems that determine employees' pay rates based on their skills, knowledge, or proficiency rather than job titles or positions.
Pay-for-skills
A compensation strategy where employees are paid based on the variety and depth of skills they bring to their role, rather than their job title alone.
Pay-for Knowledge
A compensation strategy that rewards employees for acquiring and applying knowledge and skills pertinent to their job.
Gain-sharing
A compensation strategy that shares financial gains from improved performance or productivity with employees.
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