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Can competencies be tied to compensation (e.g., base pay or incentive pay)?

April 26, 2017base compensation pay tied

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Can competencies be tied to compensation (e.g., base pay or incentive pay)?

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Most often competencies are not tied to compensation. However, many organizations are beginning to include competencies in both the appraisal process and pay decisions. Approaches range from informal influence to specific, calculated approaches.