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Fillable Online Competency Based Salary Structure Design Form

Fillable Online Competency Based Salary Structure Design Form

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[Music] if we decide to use skill based or competency-based pay will pay members of the workforce for individual skills or competencies that they bring to work whether or not those skills are necessary for the individuals to do their current job competencies involve the individuals level of knowledge in a particular area well skills involve the ability to apply that knowledge set in the field examples of competencies include such things as understanding of negotiation and collaboration an understanding of the basic principles of physics or problem-solving in decision-making expertise examples of skills related to those competencies would include the ability to actually negotiate contract agreements apply principles of physics to new equipment design or make high-quality decisions based on good analysis of a situation should we use competency based or skill based pay again it depends probably the most important thing that we need to consider is our generic strategy if our generic strate

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