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Questions and Answers
What is the aim of compensation management?
What is the aim of compensation management?
- To evolve & sustain equitable wage & salary structure (correct)
- To evolve & sustain profitable wage & salary structure
- To evolve & sustain reformable wage & salary structure
- To evolve & sustain loss wage & salary structure
What is the impact of an ideal compensation system on employee efficiency and results?
What is the impact of an ideal compensation system on employee efficiency and results?
- No impact
- Negative
- Positive (correct)
- Neutral
What do employees tend to do when compensation levels are not competitive?
What do employees tend to do when compensation levels are not competitive?
- Work harder
- Quit (correct)
- Join
- Stay
What challenges does a sound compensation management system consider imposed by the government?
What challenges does a sound compensation management system consider imposed by the government?
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What does direct compensation refer to?
What does direct compensation refer to?
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