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With Skill/competency-Based Pay, Employees Are Paid for the Range, Depth

question 31

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With skill/competency-based pay, employees are paid for the range, depth, and type of skills and knowledge they are capable of using, rather than for the job currently held.


Definitions:

Predicting Work Outcomes

The process of forecasting the potential results or impacts of actions taken in a work environment.

Job Crafting

The process by which employees proactively modify their job designs in ways that can lead to improved job satisfaction and performance.

Social Job Resources

Elements within a workplace, like support from colleagues or opportunities for social interaction, that can enhance job performance and satisfaction.

Feedback

Information provided about someone's performance or behavior, intended to guide future improvement.

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