A Major Criticism of Competence-Based Pay Systems Is That After

question 79

True/False

A major criticism of competence-based pay systems is that after achieving the top wage, employees may be reluctant to continue their educational training.

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Definitions:

Top Executive Team

A group of the highest-ranking officers and decision-makers in an organization, responsible for strategic direction and overall management.

Careful Diagnosis

A thorough and meticulous assessment or analysis of a situation, problem, or condition before deciding on a course of action.

Organizational Problem

Issues or challenges within an organization that hinder its performance or achievement of goals.

Change Program

A structured plan implemented by an organization to achieve significant changes in its operations, culture, or strategy, aiming for improvements or adaptation to new challenges.