Which of the following is NOT a common goal of compensation policy?
A) to punish employees for poor performance
B) to reward employees' past performance
C) to maintain the budget
D) to attract new employees

Question

Quizplus · Accepted Answer

Compensation policy is designed to incentivize and reward employees for good performance, attract and retain top talent, maintain equitable pay practices, and align employee performance with organizational goals. Punishing employees for poor performance is not typically a goal of compensation policy as it can lead to a negative work environment and poor morale.

Which of the Following Is NOT a Common Goal of Compensation