As a Compensation Expert in the HR Department,you Have Been

question 67

Multiple Choice

As a compensation expert in the HR department,you have been assigned the responsibility for reviewing the company's reward system developing a performance-based pay (PBP) system.All of the following are your responsibilities,except:

• A)working with line managers to establish the strategic objectives of the PBP
• B)fairly implementing the PBP
• C)monitoring the effects of the PBP on employees and organizational outcomes
• D)develop and deliver training about PBP to line managers and employees
• E)ensure the PBP is consistent with other areas of HR

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Definitions:

Central Planning

A system where decisions about production, investment, and distribution are made by the government or a centralized authority.

Comparative Advantage

The capability of a person or group to execute a specific economic action more effectively than another action.

Exchange

The act of giving one thing and receiving another, especially of the same type or value, commonly used in the context of goods, services, or financial instruments.

Individuals

Refers to single human beings, distinct from a group, class, or family.