5. Identify and briefly describe the issues in developing a skill-based pay system. 2. Briefly describe the three main categories of performance pay and provide examples for each category. 3. Briefly discuss the advantages and disadvantages of using indirect pay. 4. Briefly explain the three methods for establishing base pay. 5. Identify and briefly describe the issues in developing a skill-based pay system.1. According to the information provided, what are the key conditions for using output- related pay? 2. Briefly describe the three main categories of performance pay and provide examples for each category. 3. Briefly discuss the advantages and disadvantages of using indirect pay. 4. Briefly explain the three methods for establishing base pay