In knowledge-based pay (KBP) or skill-based pay (SBP) systems, employees start at a base level of pay and receive increases as they learn to do other jobs or gain additional skills and knowledge and thus become more valuable to the employer.

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In knowledge-based pay or skill-based pay systems, employees start at a base level of pay and receive increases as they acquire additional skills and knowledge, making them more valuable to the employer. The emphasis is on rewarding the acquisition and application of knowledge and skills, rather than just seniority or position.

In Knowledge-Based Pay (KBP) or Skill-Based Pay (SBP) Systems, Employees