What type of Compensation Program Compensates Employees for the Knowledge they Possess

Instructions

 What type of compensation program compensates employees for the knowledge they possess? a. merit-based pay plans b. performance-based pay plans O c. competency-based pay plans O d. seniority-based pay plans

Briefly describe the broad class differences in the United States and explain some of the causes for upward or downward social mobility. How does family background affect one’s social class in adulthood, for instance, or how do you explain the wealth gap among various groups in the U.S. today?

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