Questions and Answers
What is the purpose of maintaining salary equity among employees?
To remain competitive in the labor market
What is the primary objective of attracting qualified manpower to join the company?
To reduce unnecessary turnover
Which type of compensation refers to rewards received by employees in terms of money?
Monetary compensation
What is the main purpose of rewarding desired behavior to ensure a positive attitude towards organizational goals?
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Which of the following refers to programs established by employers to satisfy employees in terms of job content and context?
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What is the aim of meshing employees' future performance with organizational goals?
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What is the main reason and initial motivator for every employee according to the text?
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What is the purpose of analyzing organizational objectives in terms of compensation strategy?
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What is the main purpose of a salary structure according to the text?
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What does the text suggest as a way to accomplish the goal of attracting, motivating, and retaining good employees?
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