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June is a member of a new product development team.Her supervisor asks her about her experience in the team,and she replies,"Our team seems to be suffering from homophily." This statement means that:
Skill-based Pay
A compensation system where an employee’s pay is based on the skills, capabilities, and knowledge they bring to a job, rather than the position they hold.
Job Skills
The expertise, abilities, and competencies that enable an individual to perform specific tasks and functions effectively in their professional role.
Training Costs
Expenses associated with developing skills and knowledge of employees or individuals through structured learning experiences.
Skill-based Pay
A compensation system that determines an employee's pay based on their skills, rather than their job title or position.
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