Asked by Siqian Chang on Jul 16, 2024
Verified
Pay for knowledge systems are beneficial for organizations that require great task flexibility from their labour force.
Pay for Knowledge Systems
are compensation strategies that reward employees for their skills, knowledge, and competencies rather than their job title or position.
Task Flexibility
The degree to which a job allows for variation in the work activities and processes performed by an employee.
Labour Force
The total number of people who are available to work in an economy, including both the employed and the unemployed who are seeking employment.
- Gain an understanding of salary structures centered on knowledge and their benefits in highly agile organizations.
Verified Answer
Learning Objectives
- Gain an understanding of salary structures centered on knowledge and their benefits in highly agile organizations.
Related questions
As the Owner of a Large Hotel,you Expect Your Employees ...
As a General Rule,organizations Using a High-Involvement Managerial Strategy Use ...
Skill Based Pay Systems and Flat Organizational Structures Are Likely ...
What Is a Disadvantage of Skill-Based Pay Systems ...
Heightened Homes Is a Real Estate Firm Based in Texas ...