Total Compensation Refers to _____

question 40

Multiple Choice

Total compensation refers to _____.

• A) compensation paid to individuals for learning specific material that is useful to an organization in future
• B) ​insurance thatcovers individuals who suffer ajob-related illness or accident
• C) the overall value of financial compensation plus the value ofadditional benefits that an organization provides
• D) the hourly compensation paidto operating employees
• E) income paid to anindividual on the basis ofperformance

Distinguish between intrinsic and extrinsic motivators and their effects on employees.

Recognize the significance of Maslow's hierarchy of needs in understanding employee motivation.

Comprehend the distinctions and similarities between Alderfer's ERG theory and Maslow's theory.

Understand McClelland's theory of needs and how it applies to managerial effectiveness.

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Definitions:

Barriers

Obstacles that impede progress, understanding, or achievement in various contexts.

Need Fulfillment

The process or act of meeting essential physical, emotional, or psychological requirements of an individual or community.

Demographic Factors

Characteristics used to segment populations, such as age, gender, income, education, and ethnicity, for analysis in various disciplines including marketing, sociology, and public health.

Communication Systems

The methods, channels, and technologies used for the exchange of information between individuals or groups.