A Successful Compensation Scheme

question 195

Multiple Choice

A successful compensation scheme

• A)must pay workers with comparable skills a comparable wage.
• B)must induce effort from workers and ensure that both employer and employees benefit.
• C)must enable workers to enjoy a certain standard of living and must enable employers to earn a normal rate of return.
• D)must allow employees to participate in a firm's profits.

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Definitions:

Evaluated

Assessed or judged in terms of quality, importance, or effectiveness.

In a Relationship

This term describes the state of being involved in a romantic or committed partnership with someone else.

Attractive Woman

A female individual perceived as possessing physical or personal qualities deemed appealing or desirable according to societal standards or personal preferences.

Complimented

Having been praised or positively remarked upon, typically regarding one's actions or attributes.