Identify an accurate statement about the hybrid compensation system.
A)An entrepreneur should not differentiate the level of rewards among his employees and should maintain a well-defined structure.
B)An entrepreneur should provide bonuses in a timely manner that is relevant to the individuals in the firm and within the realities and constraints of the business.
C)An entrepreneur needs to visualize a quarter as a relevant time frame, whereas workers need to visualize weekly feedback on their performance through a bonus.
D)An entrepreneur need not consider the industry standards in developing a compensation system.

Question

Quizplus · Accepted Answer

Providing bonuses in a timely and relevant manner is an accurate statement about the hybrid compensation system. The other options, such as maintaining a rigid structure or not considering industry standards, are not necessarily accurate statements about this type of system. Additionally, while some workers may value more frequent feedback, such as weekly, the idea that they "need" this is subjective and may not apply to all individuals or industries.

Identify an Accurate Statement About the Hybrid Compensation System