Which of the following is most true about the typical US compensation system?
A)Most companies take into account external and internal factors to determine compensation.
B)Most companies develop formal and systematic policies to determine compensation levels.
C)Raises in pay are determined mostly by merit.
D)All of the above are true.

Question

Quizplus · Accepted Answer

All of the statements are true regarding the typical US compensation system. Companies often consider both external market factors and internal equity when setting compensation, develop formal policies to guide compensation decisions, and base pay raises on merit among other factors.

Which of the Following Is Most True About the Typical