Why Are Flexible Reward Systems Becoming an Increasingly Popular Form

question 6

Multiple Choice

Why are flexible reward systems becoming an increasingly popular form of compensation systems?

• A) Employees value flexible reward systems and may develop strong loyalty and attachment to an employer who provides them.
• B) The flexible reward system allows the organization to trade off salary increases for benefit increases as ways of rewarding the employee.
• C) Flexible reward systems allow the organization to standardize the benefits package for all employees.
• D) Organizations get fewer benefits for their dollar than they do with standard approaches, but their employees are more satisfied.
• E) Flexible systems require less administrative time to develop and maintain than do conventional approaches.

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Definitions:

Positions

Refers to the stances or viewpoints that individuals or groups hold in a social or organizational context.

Peripheral Cue

In persuasive communication, these are often non-central elements that influence attitudes or decisions, such as the attractiveness of a speaker.

Persuasive Argument

A statement or series of statements aimed at convincing others to accept a certain viewpoint or take a particular action.

Attractiveness

A feature or combination of features that pleases the aesthetic senses, especially the sight, or appeals to other social or biological senses.