Competency-Based Pay Plans Are Different from Skill-Based Plans in That

Multiple Choice

Competency-based pay plans are different from skill-based plans in that:

A) competency-based plans are a type of job-based pay structures
B) competency-based plans are applied only to blue-collar jobs
C) competency-based plans eliminate the need to control costs
D) competency-based plans do not allow for lateral movement
E) competency-based plans are not very specific; they are more general, paying for broadly applicable knowledge, skills and behaviour