Business
Business, 05.05.2020 03:59, joseflores10205

Which of the following is an advantage of skill-based pay? It may lead to employees’ acquiring all the skills too quickly, leaving no room for further pay growth. It provides the opportunity for leaner staffing levels and supports decision-making by knowledgeable employees. It facilitates the centralization of decision-making to those who are most knowledgeable. It requires little planning to reduce labor costs and have high payoffs. Wide-scale adoption of skill-based plans makes it easy to obtain comparison data from other organizations.

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Which of the following is an advantage of skill-based pay? It may lead to employees’ acquiring all t...

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