Which of the Following Is Not True About Individual Spot

question 78

Multiple Choice

Which of the following is not true about individual spot awards?

• A) Smaller companies may be more casual about recognition.
• B) Someone in the organization alerts top management to the exceptional performance.
• C) A majority of companies do not feel that these awards are effective.
• D) Smaller companies are more subjective about deciding the size of the award.

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Definitions:

Compensation Surveys

Research conducted to collect and analyze data on wages and benefits within an industry, used by organizations to benchmark and establish competitive pay structures.

Pay Trends

The movements or developments in how employees are compensated, influenced by economic conditions, job market, and other factors.

Compensation Surveys

These are studies conducted to collect and analyze data on salaries, wages, and benefits in order to determine the market rate for specific job positions.

Performance Appraisal

A process through which an employee's job performance is evaluated, typically on an annual or semi-annual basis.