In a competency-based pay system employees are paid
A) on the skills and knowledge they have, whether they use these or not.
B) according to their job performance, measured either by quality or quantity.
C) on the basis of their scores on annual competency tests.
D) on whether they have added value to the organization in the last year.

Question

Quizplus · Accepted Answer

Competency-based pay systems reward employees based on the skills and knowledge they possess, regardless of whether these competencies are used in their current role. This approach focuses on the potential value an employee brings to the organization through their capabilities.

In a Competency-Based Pay System Employees Are Paid