Market-Based Pay Systems Focus On

question 8

Multiple Choice

Market-based pay systems focus on:

• A) external equity.
• B) internal equity.
• C) traditional pay grades.
• D) traditional pay ranges.

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Definitions:

Community of Practice

A group of people who share a concern or passion for something they do and learn how to do it better through regular interaction.

Self-directed Learning

Learning that is driven by the learner, including the determination of learning goals, methods, and evaluation of progress.

Adaptive Learning

An educational approach which uses algorithms and artificial intelligence to adapt the presentation of educational material according to the individual learner's needs.

Asynchronous Training

A learning approach that does not require participants to be engaged at the same time, allowing for flexibility in schedules.