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These Compensation Systems Go a Long Way in Attracting and Retaining

question 21

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These compensation systems go a long way in attracting and retaining the most qualified employees and are based upon market and compensation surveys.


Definitions:

Challenging

Presenting difficulties or demanding effort to be undertaken successfully, often leading to personal growth or development.

Rewarding

Providing satisfaction, pleasure, or a positive outcome that reinforces behavior or effort.

Expectations

Beliefs or hopes concerning what is possible or likely to happen in the future.

Equity

In a social context, it refers to fairness and justice in the distribution of resources and opportunities among all individuals.

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