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http://www.bizcenter.com/skillpay.htm http://books.Google.co.in/books?id=U4944JHEGaIC&pg=RA1-PA238&lpg=RA1-PA238&dq=advantages+job+based+pay&source=bl&ots=AVREdTejwl&sig=f-jl3C51yQhCcUagLmpuYr_ufJ4&hl=en&ei=p2IXSp-LAtKfkQW4nej1DA&sa=X&oi=book_result&ct=result&resnum=3#PRA1-PA239,M1
What else can I help you with?
How would you describe skill-based pay?
Skill-based pay is a system that pays employees based on the skills they possess or master, not for the job they hold.
What is alternatives to job based pay?
Alternatives to job-based pay include skill-based pay, where compensation is determined by the employee's skill level and competencies rather than their job title. Another option is performance-based pay, which rewards employees based on their individual or team performance and contributions to the organization. Additionally, profit-sharing and equity compensation models allow employees to share in the company's profits or own a stake in the business, aligning their interests with organizational success. Lastly, flexible benefits and total rewards programs can provide non-monetary perks that enhance employee satisfaction and retention.
Explain the four key differences between competency-based pay and traditional job-based pay?
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What is a performance based salary?
Performance-related pay is pay or a salary increase which is based solely on how well someone performs their job as compared to the expectations of the job, also known as their job description. Usually, there are two types of pay or pay increase, one is peformance relate, as defined above, the other is tenure related, which means you're giving the employee's pay rate or increase is based on how long they've been with the company.
What is related pay?
Performance-related pay is pay or a salary increase which is based solely on how well someone performs their job as compared to the expectations of the job, also known as their job description. Usually, there are two types of pay or pay increase, one is peformance relate, as defined above, the other is tenure related, which means you're giving the employee's pay rate or increase is based on how long they've been with the company.
What is the skill to educated science?
the skill is to pay attenion
How much does target pay per hour?
It varies based on job, experience(of course), and location.
Why you want to do this job?
People may choose their job based on pay or the location to their home. They may also choose to do the job, because they enjoy the products that the company offers.
Do my mother answer is correct?
Yes. If you start the job without the skill sets needed for the particular job then the employer needs to invest money off the bat in getting you qualified. Thus making you receive less pay.
How do you figure unemployment pay in North Carolina?
Typically the unemployment pay will be based on the amount of time you worked at the old job and the amount of money you were paid.
What are the pay rates for jobs in Wynn?
The pay rates for jobs in Wynn will be the same as in any village. Pay rates are based rather on what kind of job it is than on where the job is. (except of course for areas of very low wealth, countries like Ghana or Uganda)
What is the salary for a Sri Lankan in Canada?
The salary for a Sri Lankan in any given job would be the same as for a native Canadian. Job pay is not based on nationality.
