What strategy describes the use of benefit and compensation packages in order to support both HR and competitive strategies?
A)worker welfare strategies
B)total compensation strategies
C)total quality management strategies
D)worker satisfaction strategies

Question

Quizplus · Accepted Answer

Total compensation strategies involve creating benefit and compensation packages that align with both HR and competitive strategies. This includes linking pay and benefits to performance, market trends, and the organization's overall goals. By offering competitive compensation and benefits packages that are aligned with HR and competitive strategies, organizations can attract and retain top talent while enhancing overall performance.

What Strategy Describes the Use of Benefit and Compensation Packages