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| Author: | Ingram, E. |
| Title: | The advantages of knowledge-based pay |
| Journal: | Personnel Journal
1990 : APR, VOL. 69:4, p. 138-140 |
| Index terms: | PAYMENT SYSTEMS SKILLS COMPENSATION MANAGERS MANAGEMENT TRAINING |
| Language: | eng |
| Abstract: | During the past four or five years, American managers have increasingly been Moomaw, C. compensation called knowledge-based pay, pay for skill, pay for knowledge or skill-based pay. Whichever term is applied, the concept generally is similar. Knowledge-based pay systems do not key on the conventional bases for direct compensation. Instead, these systems pay employees for their range of knowledge, the number of business-related skills mastered, the level of those skills or knowledge, or some combination of level and range. |
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