An employer; not paying for the title of job and hired , regarded as?
Correct answer: D. pay based on competency
- A. pay based on company's profit
- B. pay based on company's stocks
- C. pay based on time
- D. pay based on competency
Explanation
When pay is based on what an employee can do rather than the job title or position held, it is competency-based pay. This rewards skills, knowledge, and capabilities.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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