After completing a certification process for basic welding, Enrico received a pay raise. He will get another pay raise as soon as he finishes the advanced welding course. Enrico is participating in which type of pay system?

Enrico is participating in Skills based pay system

Explanation:

Skill-based pay is defined as a compensation system that gives employees rewards with additional pay in exchange for formal certification of the employee's mastery of skills, knowledge, and/or competencies. This is the reason Enrico got a pay raise because he gained a basic welding certification

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer; strategic planning;