Which Person-Focused Model Links Pay Levels to Increased Knowledge and Skills

question 24

Multiple Choice

Which person-focused model links pay levels to increased knowledge and skills within the same general job category?

• A)cross-departmental
• B)skill blocks
• C)job-point accrual
• D)stair-step

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Definitions:

Liabilities

Financial obligations of a business that represent claims against its assets by outsiders.

Stockholders' Equity

Represents the ownership interest of shareholders in the assets of a company, calculated as total assets minus total liabilities.

Creditors' Risk

The risk to lenders that a borrower will not repay a loan or other credit extended, potentially leading to financial loss.

Liabilities

Economic dues a company is obligated to clear with others, which involves dispensing economic benefits progressively over time.