One Negative Aspect of ______ Is That Employees May Max

question 46

Multiple Choice

One negative aspect of ______ is that employees may max out their skill levels, which means they cannot receive any additional pay increases unless they change jobs.

• A) skill-based pay
• B) job content-based pay
• C) performance-based pay
• D) seniority-based pay

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time.

Longevity

The length or duration of life; often used in context to refer to the extended lifespan of individuals or entities.

Relative Permanence

The notion that while situations or states may not be forever, they have a lasting presence or effect that is more enduring than transient phenomena.

Negotiable Instrument

A financial document providing assurance for the payment of a given amount of money, either to be paid on demand or at an agreed time, with the document containing the name of the payee.