Question: Competency - based pay plans are different from skill - based plans in that: Multiple Choice competency - based plans are a type of job

Competency-based pay plans are different from skill-based plans in that:
Multiple Choice
competency-based plans are a type of job-based pay structures
competency-based plans are applied only to blue-collar jobs
competency-based plans do not allow for lateral movement
competency-based plans are not very specific; they are more general, paying for underlying, broadly applicable knowledge, skills and behaviour
competency-based plans eliminate the need to control costs

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