What Type of Pay System Sets Pay According to the Employee's

question 2

Multiple Choice

What type of pay system sets pay according to the employee's level of skill or knowledge and what they are capable of doing?

• A) Broadbanding
• B) Pay for individual performance
• C) Competency-based pay system
• D) Variable pay
• E) Standard hour plan

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Definitions:

Productivity

The efficiency with which inputs, such as labor and capital, are converted into outputs, such as goods or services.

Diversity

The presence of differences within a given setting, including race, ethnicity, gender, age, sexual orientation, and other attributes that make individuals unique.

Resumé Faking

The act of deliberately providing misleading, false, or exaggerated information on a resume in order to appear more attractive to potential employers.

Anglicized

Adapted or modified to reflect English characteristics or language, often referring to names, words, or cultural practices.