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julia romero
on Nov 22, 2024

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The extrinsic reward that is based on an evaluation of a job's worth to the organization and its relationship to other jobs within the organization is called ______.

A) skill-based pay
B) job content-based pay
C) performance-based pay
D) seniority-based pay

Job Content-Based Pay

A compensation strategy that bases an employee's pay on the skills, knowledge, and responsibilities required by their job rather than their position or title.

Skill-Based Pay

A compensation system where employees' wages are determined by their skills, knowledge, and abilities, rather than their job title or position.

Performance-Based Pay

A compensation strategy where employees are paid based on their performance or achievements.

  • Describe various performance-based pay systems and their applications.
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ERICK ALVAREZNov 23, 2024
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