What is the difference between conventional and skill-based pay systems?

What will be an ideal response?


In conventional pay systems, the job determines the pay rate and range. In the skill-based plan, however, the skills developed by employees are the key pay determinants.

Business

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An example of applying one-to-one opportunities to internal customers would be:

A)cafeteria style benefits programs. B)requiring union membership. C)making work more engaging and enriching. D)making pay fair for all employees.

Business

Juan is faced with multiple choices of suppliers who have the same product at virtually the same price. He also knows there are many more suppliers out there that would be comparable; however, he has a short amount of time to make up his mind, so he chooses Elrood Gasket's product. Why type of decision does this represent?

A. groupthink B. confirmation C. bounded D. satisficing E. programmed

Business

The changes in firm planned orders ______.

A. happen automatically upon changes to conditions B. require approval from senior managers C. can be made by supervisors on the production floor D. can be made by customers alone

Business

A protocol allowing websites to declare their intended use of information they collect about browsing users best defines

A) Platform for Privacy Preferences Project. B) HTML. C) Internet Data Collection Protocol. D) Cyberawareness Authentication Signature.

Business