Competence-based compensation

Reference no: EM13264135

1. When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation.

A) True

B) False

2. Because of its focus, the Hay profile method is most useful for evaluating which type of jobs?

A) blue-collar jobs

B) entry level

C) executive and managerial positions

D) sets of jobs within a specific wage range

3. Managers will group similar jobs into a pay grade in order to help with the setting of wages for all jobs.

A) True

B) False

Reference no: EM13264135

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