Skill-Based Pay 2.0 & Manufacturing: A Match 30 Years in the Making
UKG
MAY 13, 2021
Under this structure, raise, bonuses and promotions are usually determined by assessing an employee’s performance and on-the-job experience. The concept differs from job-based pay in that an employee’s pay rate is based on their specific set of skills, training, certifications, and/or knowledge.
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