A major drawback of skill-based pay schemes is
A) bottom-out
B) bottom-up
C) top-out
D) top-down
E) down and out

Name: A major drawback of skill-based pay schemes is A) bottom-out B) bottom-up C) top-out D) top-down E) down and out
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Top-out refers to the situation where an employee reaches the upper limit of their pay range and is unable to receive any further increase in pay even if their skill level continues to improve. This can lead to dissatisfaction and demotivation among employees.

A Major Drawback of Skill-Based Pay Schemes Is