Which of the Following Is Instrumental in Striking a Balance

question 64

Multiple Choice

Which of the following is instrumental in striking a balance between the conflicting objectives of compensation management?

• A) surveying employees about which incentives they value
• B) explaining the level of performance necessary to achieve benefits
• C) consulting the organization's compensation philosophy
• D) recognizing special employee contributions as they occur
• E) allowing employees to choose their rewards

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Definitions:

Payroll Clerk

A payroll clerk is a professional responsible for preparing and managing an organization's employee compensation, deductions, and records.

Cost Center Manager

An individual responsible for managing a section of a business that does not directly generate revenue, focusing on controlling costs.

Production Line Worker

An individual who works on a manufacturing line, responsible for assembling products or part of them during the manufacturing process.

Controllable Expense Report

A financial report that highlights expenses which can be managed or influenced by decisions made by a company or department.