Variable Pay Systems Reward Employees for the Job Skills and Competencies

question 41

True/False

Variable pay systems reward employees for the job skills and competencies they can demonstrate.

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Definitions:

Power Distance

This concept describes the extent to which less powerful members of institutions and organizations accept that power is distributed unequally.

Ethnocentric

Having or based on the belief that one's own ethnic group is superior, or judging other cultures solely by the values and standards of one's own culture.

Group-Related Customs

Traditions, habits, or behaviors that are developed, shared, and practiced by a specific group to signify membership or allegiance.

Collectivist Approach

A cultural orientation that prioritizes the group over individual goals and values collaboration and interdependence.