In the new approach of jobs pay rates, the employers are focusing on?
Correct answer: B. employee's competency
- A. employee's family name
- B. employee's competency
- C. employee's performance
- D. employee's equityMerchant Services & Payment Systems
Explanation
Modern skill- or competency-based pay focuses on the employee's knowledge, skills, and capabilities rather than merely the job title. Performance-based pay is a related but different approach that rewards achieved results.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
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.
Practise Human Resource Management
858 free Human Resource Management MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Human Resource Management questions
In 'job classification' the group that contains jobs with similar difficulty level is called?
The 'incentives' given to employees are a part of?
The notion that woman and men should collect equal pay for comparable skills, considered as?
The first step in establishing pay rates is to?
The managers and executives are often paid in form of?
Company's paying strategies for employee's learning organizational skills, included?