As the HR manager of Company XYZ., Victoria is currently working on the reward system.She wants to be able to pay and reward employees based on their skills, knowledge, and behaviors.What pay system should Victoria use?
A)Scanlon plan
B)IMPROSHARE
C)Profit sharing
D)Competency-based plan
E)Point method

Question

Quizplus · Accepted Answer

The competency-based plan is designed to pay and reward employees based on their skills, knowledge, and behaviors, aligning with Victoria's objectives for the reward system.

As the HR Manager of Company XYZ