Given Changes in Financial Circumstances of an Organization, Senior Management

question 41

Multiple Choice

Given changes in financial circumstances of an organization, senior management requests recommendations geared towards containing compensation costs. Which of the following would NOT be a recommendation that you would bring forward?

• A) Enact a hiring freeze.
• B) Contain benefit costs.
• C) Replace some raises with bonuses.
• D) Replace variable pay with fixed pay.

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Definitions:

Recruit

The process of attracting, selecting, and appointing suitable candidates for jobs within an organization.

Preparation Step

An initial stage in a process or activity that involves getting ready or making necessary arrangements before commencement.

Showing Personal

Demonstrating individual qualities or attributes that are unique to oneself in various contexts.

Behaviour Modelling

A training technique that involves demonstrating desired behaviors and allowing trainees to practice and replicate them.