Key Terms

  1. person-focused pay plans

  2. pay-for-knowledge

  3. skill-based pay

  4. horizontal skills

  5. horizontal knowledge

  6. vertical knowledge

  7. depth of skills

  8. depth of knowledge

  9. competency

  10. stair–step model

  11. skill blocks model

  12. job-point accrual model

  13. cross-departmental models

  14. job-based pay

MyManagementLab

mymanagementlab.com icon Chapter Quiz!

If your professor has assigned this, go to the Assignments section of mymanagementlab.com to complete the Chapter Quiz! and see what you’ve learned.

Get Strategic Compensation: A Human Resource Management Approach, 9/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.