Which One of the Following Would Be Correct Regarding Person-Focused

question 6

Multiple Choice

Which one of the following would be correct regarding person-focused pay programs?

• A)the skill blocks model only emphasizes horizontal skills
• B)the stair-step model addresses depth, while the skill blocks model emphasizes both horizontal and vertical skills
• C)employees do not progress to more complex jobs in the stair-step model
• D)competency models do not apply to jobs within the same family

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Definitions:

Salary Increase

The process of raising an employee's pay rate, typically as recognition for job performance, inflation adjustments, or promotion.

Probability

A quantitative assessment of an event's chances of happening, with values from 0 to 1 indicating the likelihood.

Utility Function

(Of an individual) the total utility generated by an individual’s consumption bundle.

Risk-Averse

A characteristic of individuals who prefer certain outcomes over others with equal or potentially higher expected returns but with more uncertainty.