Answer: the predominant approach to employee compensation is
'D' (competence-based pay)
Step-by-step explanation:
Competency based pay is a restructured pay that rewards employees on their skills shown, knowledge and experience shown at work. The skills set, past experiences gained and shown and knowledge possessed by employees are measured by "competency based pay plan".
Competency based pay encourages employees to acquire more skills and knowledge in which they deploy to their work.
It motivates employees to set and accomplish better goals. It gives the employees self motivation and also promotes the company productivity and success. Competency based pay aids seriousness in employees. It makes them take their work serious.