Competency-based base pay (drawbacks) Competency also has some drawbacks. Firstly, competencies are commodities that are very difficult defined and have yet to be recognized in external labor markets. While the competency-based broadbanding is far away simplifying payroll administration and it is a danger of runaway payroll inflation. While, competency-based pay also may create unrealistic expectations of pay-rise opportunities and it also cause breach of trust and distributive injustice(Nankervis and Compton 2011)
Posted on: Tue, 08 Oct 2013 05:37:25 +0000
Trending Topics
Recently Viewed Topics
© 2015