When an organization determines where it wants to be when compared with the compensation policies of other organizations, they are determining their:
A) external equity
B) rank order
C) market position
D) compensation structure

Question

Quizplus · Accepted Answer

Market position refers to where an organization aims to place itself in terms of compensation compared to other organizations. It's about deciding whether they want to lead, match, or lag behind the market averages for similar roles.

When an Organization Determines Where It Wants to Be When