The goal in developing a salary compensation plan is to create:
A) Security
B) Cooperation
C) Loyalty
D) Pay for performance
E) Variable defined compensatory valences

Question

Quizplus · Accepted Answer

The goal in developing a salary compensation plan is to create pay for performance, which incentivizes employees to work hard and perform well in order to earn higher compensation. This can help drive overall productivity and success for the company. Security, cooperation, and loyalty may also be important considerations in a compensation plan, but the primary goal should be to align compensation with performance. Variable defined compensatory valences is not a commonly used term in the field of compensation and is not a relevant answer option.

The Goal in Developing a Salary Compensation Plan Is to Create