Examlex

Solved

Commissions and Piece Rates Are Examples of Competency-Based Rewards

question 156

True/False

Commissions and piece rates are examples of competency-based rewards.


Definitions:

Job Enrichment

The process of making a job more rewarding, engaging, and satisfying by adding more meaningful tasks and giving employees more control over their work.

Pay Demand

A request or requirement by employees for increased wages or salaries from their employer.

Expensive

Costing a lot of money; high priced.

Automation

The use of technology and machinery to perform tasks without significant human intervention, aimed at increasing efficiency, accuracy, and productivity.

Related Questions