Podcast
Questions and Answers
What type of compensation system is based on the amount of output an employee produced during the pay period?
What type of compensation system is based on the amount of output an employee produced during the pay period?
What is reflected by the horizontal skills in a knowledge-based pay system?
What is reflected by the horizontal skills in a knowledge-based pay system?
What has reduced the popularity of individual incentive plans?
What has reduced the popularity of individual incentive plans?
What does job design involve?
What does job design involve?
Signup and view all the answers
What is reflected by the depth skills in a knowledge-based pay system?
What is reflected by the depth skills in a knowledge-based pay system?
Signup and view all the answers
Study Notes
Compensation Systems
- A piece-rate system is based on the amount of output an employee produced during the pay period.
Knowledge-Based Pay System
- Horizontal skills in a knowledge-based pay system reflect the range of activities an employee can perform.
Individual Incentive Plans
- The popularity of individual incentive plans has been reduced by the difficulty of measuring individual performance in team-based environments.
Job Design
- Job design involves determining the tasks, duties, and responsibilities of a job, as well as the relationships between jobs.
Knowledge-Based Pay System
- Depth skills in a knowledge-based pay system reflect the level of expertise an employee has in a particular area.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge of compensation systems and their impact on the quality of work life in this quiz. Explore time-based and output-based systems, as well as individual and group incentives.
