Skill-based pay plans:
A)discourage poor performers from leaving the organization.
B)discourage employees from learning new jobs.
C)can be expensive because they motivate employees to spend more time learning new jobs.
D)are the most expensive pay plans to support in today's economic environment.
E)create a psychological distance between employees and managers.

Question

Quizplus · Accepted Answer

Skill-based pay plans can be expensive because they encourage employees to learn new skills, which often involves the organization providing training or compensating employees at higher rates as they acquire new competencies.

Skill-Based Pay Plans