Posted: April 8th, 2017

Which of the following statements is true regarding a merit-based pay plan?

Which of the following statements is true regarding a merit-based pay plan?
A typical merit-based pay plan provides no base salary and pays the employee only for what he or she produces.
Unions typically resist merit-based pay plans.
It is also called competency-based pay plan.
It bases pay levels on how many skills employees have or how many jobs they can do.