Which of the following statements is true about skill-based pay?A. Skill-based pay provides a way to ensure that employees can use their new skills.B. Gathering market data about skill-based pay is easy.C. Skill-based pay ensures that the employer pays the employee for learning skills that benefit the employer.D. Skill-based pay does not necessarily provide an alternative to the bureaucracy and paperwork of traditional pay structures.E. Skill-based pay does not require records related to skills, training, and knowledge acquired.

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Answer:

Among the advantages of skill-based pay are the following:

Flexibility is increased by encouraging the performance of multiple tasks. It enables job rotation, and filling of temporary vacancies due, for instance, to absenteeism. It therefore contributes to a leaner workforce.

Explanation:

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