Human Resource Mgmt:What is pay system?Discuss a few of the different types of pay systems.

Human Resource Mgmt 9020D5210416 What is pay system? What does an effective pay system consider or consist of? Discuss a few of the different types of pay systems: Performance-Based (or merit/achievement) Membership/Seniority Equity Market Rate (or going rate) Pay Grade Knowledge/Skill-Based Which type of pay system would motivate YOU to work harder and be more … Read more