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Author Question: What are the two most important reasons for adopting person-focused pay? What will be an ideal ... (Read 63 times)

michelleunicorn

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on: Jul 7, 2018
What are the two most important reasons for adopting person-focused pay?
 
  What will be an ideal response?

Question 2

This is considered at the heart of person-focused pay programs.
 
  A) innovation
  B) management
  C) training
  D) data
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raili21

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

Answer: Person-focused pay programs represent important innovations in the compensation field. Person-focused pay systems imply that employees must move away from viewing pay as an entitlement. Instead, these systems treat compensation as a reward earned for acquiring and implementing job-relevant knowledge and skills. Advocates of person-focused pay programs offer two key reasons that firms seeking competitive advantage should adopt this form of compensation: technological innovation and increased global competition.

Answer to Question 2

Answer: C


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