In Exchange for Employee Contributions, an Organisation Provides Rewards Such

question 90

Multiple Choice

In exchange for employee contributions, an organisation provides rewards such as pay and insurance benefits.These kinds of rewards are combined to create

• A) compensation packages.
• B) intangible compensation.
• C) symbolic rewards.
• D) system rewards.
• E) resource exchanges.

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Definitions:

Economic Cycles

Fluctuations in economic activity experienced by a country or the global economy over time, including periods of expansion, peak, contraction, and trough.

Pension Plans

Financial programs established by employers or governments to provide income to employees after retirement.

Corporate Restructuring

The process of reorganizing the structure of a corporation to increase profitability, efficiency, or adapt to a changing environment.

Demotion

A reduction in rank, position, or status of an employee within an organization.