What is the term used for a pay plan where pay levels are based on how many skills employees have or how many jobs they can do?

What is the term used for a pay plan where pay levels are based on how many skills employees have or how many jobs they can do?




A) a variable pay plan
B) flexible pay
C) competency-based pay
D) gainsharing
E) ISOP


Answer: C


OBE

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