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:

CS-US Associations

The learned associations between a conditioned stimulus (CS) and an unconditioned stimulus (US) in classical conditioning.

Biological Constraints

Biological constraints refer to the idea that genetic and anatomical structures limit the range of behaviors that organisms can physically perform.

Preparedness

The state of being ready and well-prepared for a particular situation or event.

Naturally Adaptive

This term refers to the inherent ability of organisms to adjust and suit their behavior or physiology to environmental changes for survival and reproduction.