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Person-Focused Pay Programs. Examine person-focused pay programs, providing answers to the following:

What are the reasons companies adopt such person-focused pay programs?

Distinguish between the three types of person-focused pay programs (i.e., pay-for-knowledge, skills-based, and competency-based)

What are the advantages of person-focused pay for the employee? For the employer? What are the disadvantages for the employer?

Does your current employer have a person-focused pay structure as part of the overall compensation system? If so, explain. If not, would you suggest the company consider it? Why or why not?

How could an organization integrate the concept of person-focused paywith an understanding of those same or similar concepts from a Christian worldview?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93077264

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