Competency-Based Rewards Pay Employees Based on Their Performance Results

question 45

True/False

Competency-based rewards pay employees based on their performance results.

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Definitions:

Risk-free Return

The theoretical return on an investment with zero risk of financial loss, often represented by the yield on government securities.

Defined Contribution Plan

A retirement plan where both the employee and employer contribute to an account, with the final benefit dependent on account performance.

Risk-free Return

The theoretical return on an investment with no risk of financial loss, typically less than the return on riskier investments.