To Keep Its Compensation System Fair and Competitive,GD Systems Inc

question 45

Multiple Choice

To keep its compensation system fair and competitive,GD Systems Inc.has developed a new base wage and salary system.The primary objective of this system should be to establish an equitable compensation for employees based on ____.

• A) the demand for a job in the market
• B) the prevailing cost-of-living alone
• C) their jobs and levels of performance
• D) their seniority alone

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Definitions:

Artifact

An object made by a human being, typically an item of cultural or historical interest.

Rituals

Rituals are a series of actions or type of behavior regularly and invariably followed by someone, often within a cultural or organizational context.

Organizational Life

Refers to the daily operations, culture, and dynamics within an organization, encompassing how people interact and work together to achieve goals.

Countercultural Values

Beliefs and practices that oppose or deviate from the dominant norms and values of society.