Which of the following best describes a reward system that involves employees in its design and administration?
A) Open pay system
B) Bonus systems
C) Participative pay system
D) Merit pay plans
E) Flexible reward system

Question

Quizplus · Accepted Answer

A participative pay system involves employees in the design and administration of the reward system. This can lead to increased employee satisfaction and motivation as they have a say in how they are being rewarded. Open pay systems are based on transparency and sharing of wage information, bonus systems are based on performance and outcome, merit pay plans are based on individual performance and achievement, and flexible reward systems allow employees to choose from a range of rewards.

Which of the Following Best Describes a Reward System That