Which of the Following Statements Describes What Is Meant by Compensation

question 46

Multiple Choice

Which of the following statements describes what is meant by compensation mix?

• A) The number of perks, such as free parking, offered to an employee.
• B) The amount of base pay versus variable pay offered to an employee.
• C) Providing employees with a market leading benefits package.
• D) The number of organizations included in a salary survey in order to get valid data.
• E) The method of increasing an employee's base pay through merit increases.

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Definitions:

Self-monitoring

The practice of paying close attention to one's own behavior and responses in different situations, often to improve or adjust them.

Spotlight Effect

Overestimating others’ noticing and evaluating our appearance, performance, and blunders (as if we presume a spotlight shines on us).

Self-serving Bias

A common tendency to attribute positive events to one's own character but attribute negative events to external factors.

Defensive Self-esteem

A fragile form of self-esteem that is highly sensitive to perceived threats and criticism, often leading to aggressive or defensive reactions to protect self-worth.