There Are at Least Two Perspectives to Consider When Determining

question 14

Multiple Choice

There are at least two perspectives to consider when determining how to pay individuals within an organization.The external perspective refers to

• A)what the marketplace is paying for people with similar job titles.
• B)how other similar companies decide what to pay their employees.
• C)what other individuals in the same company are paid.
• D)how money should be distributed among employees within a company.

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Definitions:

Motivation To Transfer

Motivation to transfer refers to an individual’s desire and commitment to apply skills and knowledge learned in a training context back to their job.

Business Results

The tangible outcomes and achievements of a company's activities, such as profitability, market share growth, and customer satisfaction.

Competency Framework

A competency framework is a structured model that outlines the specific skills, behaviors, and attributes that are desired and required for effective performance in a particular job or organization.

Performance Improvement

The process of increasing the effectiveness, efficiency, and output of an organization or individual through strategic changes.