Elements of the Compensation Package Are Said to Have _____

question 91

Multiple Choice

Elements of the compensation package are said to have _____ when an employee's high performance leads to monetary rewards that are valued.

• A)validity
• B)consistency
• C)instrumentality
• D)reliability

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Definitions:

Working Conditions

Facts about the situation in which the worker acts; includes physical environment, hours, hazards, travel requirements, and so on, associated with a job.

Comprehensive Benefit Packages

An extensive range of employee benefits, including health insurance, retirement plans, and other perks, provided by an employer.

Unionized Employees

Workers who are members of a union, which is an organization that represents their interests in negotiations with employers.

Open Social Systems

Open social systems are organizations that continuously interact with their environment, exchanging information and resources.