Solved: Categories of payment system, HR Management

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Categories of payment system

Question: First select one of the following categories of payment system:

1. Skills or competency based.

2. Individual performance related pay

3. Team-based pay or Gain-sharing.

4. Piecework

Describe how your chosen payment system operates in theory, using illustrative examples, either from your own experience or from published literature.

Then indicate what other personnel/human resource managemnt procedures are needed to support the system and analyse any problems that the payment system can generate.

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HR Management: Categories of payment system

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