Compensation strategy criterion of work value

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Reference no: EM133018151

An "innovator" company would emphasize which of the following?Product leadershipSpeed to market

Operational excellence

Delight the customer

The compensation strategy criterion of work value is defined as the relative value contributed to the worker's job satisfaction.

  1.  True
  2.  False

Which of the following statements is false?

  1. Some relational returns do cost money for employer to offer them
  2. Long-term incentives are a form of income protection
  3. Relational returns from work are not benefits
  4. Cash compensation can be an additional long term incentive or an additional short term incentive

One of the three "tests" as to whether the overall pay strategy helps the organization's overall "competitive advantage" is the test addressed in the question "Do most employees feel that the organization's pay is competitive?"

  1.  True
  2.  False

Justifiable changes in pay differentials are slowed down sometimes because employee acceptance and work norms require time to adjust

  1.  True
  2.  False

Please answer all 5 questions

Reference no: EM133018151

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