Which statement about skill$-$based pay is most accurate?

Multiple Choice

Skill$-$based pay does not require records related to skills, training, and knowledge acquired.

Skill$-$based pay ensures that the employer pays the employee for learning skills that benefit the employer.

Gathering market data about skill$-$based pay is easy.

Skill$-$based pay does not necessarily provide an alternative to the bureaucracy and paperwork of traditional pay structures.

Skill$-$based pay provides a way to ensure that employees can use their new skills.