Asked by Amber Gilliam on Mar 10, 2024

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To keep work interesting and provide higher compensation opportunities for your design engineers,you have created a compensation system that allows them to move from an entry level to an expert specialist level.What term is used to describe this system?

A) management pathing
B) technical ladder
C) competency-based
D) leader development

Technical Ladder

A career path within an organization that allows employees to advance in their technical skills and expertise without necessarily moving into management positions.

Design Engineers

Professionals who apply engineering principles to design products, systems, or processes, focusing on functionality, cost-effectiveness, and manufacturability.

Compensation System

A structured approach by employers to determine the pay and benefits of employees, including wages, salaries, bonuses, and commissions.

  • Understand thoroughly the stages and considerations in developing a compensation strategy that is successful, incorporating legal, financial, and strategic angles.
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AR
Ashley RamirezMar 10, 2024
Final Answer :
B
Explanation :
The term used to describe this system is "technical ladder," where employees have the opportunity to advance their skills and compensation within a technical specialty. This system recognizes and rewards employees based on technical competency rather than managerial or leadership skills, which are addressed through separate management pathing or leader development programs.