In the context of team compensation and recognition,__________remunerate employees for acquiring expertise that they will need to perform multiple jobs within a team and for sharing knowledge with others within their work groups.
A) nonfinancial reward programs
B) skill-based pay programs
C) gainsharing programs
D) premium payment programs

Question

Quizplus · Accepted Answer

Skill-based pay programs remunerate employees for acquiring and applying skills related to multiple jobs within a team, which enables them to contribute to the success of the organization in unique ways. This system rewards employees for their effort and initiative, as well as encouraging them to learn and share knowledge with their colleagues to achieve their objectives.

In the Context of Team Compensation and Recognition,__________remunerate Employees for Acquiring