Asked by Angelstar Kasper on Apr 29, 2024
Verified
Disadvantages of skill-based pay include all of the following except:
A) employees must trust management in order for the program to succeed
B) it tends to produce high pay rates
C) it requires a large investment in training and lost production time
D) topping out
Skill-Based Pay
A compensation system that rewards employees for their skills and knowledge rather than their job titles or seniority.
Disadvantages
The unfavorable or negative aspects of a situation that hinder progress or success.
Trust Management
The process of building, maintaining, and managing trust within an organization or between partners, essential for healthy relationships and effective collaboration.
- Recognize the role of skill-based pay in motivating employees and its limitations, including the concept of "topping out."
Verified Answer
Learning Objectives
- Recognize the role of skill-based pay in motivating employees and its limitations, including the concept of "topping out."
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