Which of the Following Is NOT a Benefit of a Skill-Based

question 28

Multiple Choice

Which of the following is NOT a benefit of a skill-based pay system?

• A)Considering the reality of the market to fairly price jobs.
• B)Helping to maintain commitment when promotions are not possible.
• C)Decreasing labor costs.
• D)Improving understanding of the company's operation.

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Definitions:

Statutory Law

Law that is written and enacted by a legislative body, distinguishing it from common law or judge-made law.

Valid Contract

An agreement that meets all legal requirements and is enforceable by law.

Contractual Capacity

The legal ability of a person to enter into a contract.

Legal Ability

Legal ability refers to the combination of knowledge, skills, and competence that enables a practitioner to effectively perform legal tasks and duties in compliance with the standards of the profession.