Which Type of Pay Structure Is Feasible If All Jobs

question 72

Multiple Choice

Which type of pay structure is feasible if all jobs are benchmark jobs and direct matches can be found in the market?

• A) Skill-based pay system
• B) Competency-based pay system
• C) Market-based pay system
• D) Gainsharing

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Definitions:

Project Complexity

The degree of diverse, interconnected elements and factors within a project, which can impact its execution and outcome.

Communication Process

A series of steps through which information is exchanged between senders and receivers, encompassing message creation, transmission, reception, and interpretation.

Client Team Approach

A collaborative strategy where the client's representatives actively participate in the team managing a project, ensuring the project meets the client's needs and objectives.

Goal-Based Cultures

Organizational cultures that prioritize achievement of specific objectives, focusing on results and performance.