Of the following, which is an advantage of competency-based pay?
A) Competency-based pay systems promote less flexibility in employees.
B) Individuals who get the opportunity to use their multi-faceted skill set often develop accurate perspectives on organizational problems and challenges.
C) This pay system leads to less committed employees.
D) An organization with a competency-based pay system must invest a large amount of company money in training and evaluating employees.

Question

Quizplus · Accepted Answer

Competency-based pay systems encourage employees to develop a wider range of skills, which can lead to a more accurate understanding of organizational challenges and problems. This can be an advantage for the organization as it results in employees who are more versatile and adaptable.

Of the Following, Which Is an Advantage of Competency-Based Pay