Asked by Jessica Guerrero on May 12, 2024
Verified
Which statement is true about job-based pay structures?
A) A pay structure that rewards employees for winning promotions will encourage them to gain valuable experience through lateral career moves.
B) Their focus on higher pay for higher status can work in favor of efforts for empowerment.
C) They typically reward desired behaviors, particularly in a rapidly changing environment.
D) Organizations may avoid change because it requires repeating the time-consuming process of creating job descriptions and related paperwork.
E) They always encourage flexibility, innovation, quality, and customer service.
Job-Based Pay Structures
Compensation frameworks that determine an employee's salary based on the specific job role rather than individual performance or characteristics.
Promotions
The advancement of an employee to a higher position within an organization, typically accompanied by an increase in salary and responsibilities.
Lateral Career Moves
Involves moving to a different position within the same level of hierarchy within an organization, often to gain a broader range of experience or skills without necessarily obtaining a promotion.
- Absorb information on assorted earnings configuration setups and their repercussions on an entity's operational dynamics and the advancement of its workers' careers.
Verified Answer
Learning Objectives
- Absorb information on assorted earnings configuration setups and their repercussions on an entity's operational dynamics and the advancement of its workers' careers.
Related questions
What Is Skill-Based Pay? What Are Its Advantages and Disadvantages
What Is the Result of Combining More Assignments into a ...
What Is a Disadvantage of a Pay Structure That Rewards ...
Which US Organization Conducts an Ongoing National Compensation Survey Measuring ...
What Is a Characteristic of Delayering ...