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Author Question: What are the five main elements of a competency-based pay plan? What will be an ideal ... (Read 102 times)

dbose

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on: Jul 7, 2018
What are the five main elements of a competency-based pay plan?
 
  What will be an ideal response?

Question 2

________ teams are work groups consisting of people from different work areas who are empowered to direct and coordinate different projects.
 
  A) Contingent
  B) Transactional
  C) Cross-functional
  D) Transitory


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akpaschal

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: Most competency-based pay plans contain five elements. The employer defines specific required skills and chooses a method for basing the person's pay on his or her skills. A training system lets employees acquire skills. There is a formal competency testing system. And, the work is designed so that employees can easily move among jobs of varying skill levels.

Answer to Question 2

C


dbose

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Reply #2 on: Jul 7, 2018
Correct answers!


akpaschal

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Reply #3 on: Jul 7, 2018
Great! Please up vote :D


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