Milkovich and Bloom's strategic flexibility model includes the following compensation sets:
A)Core, Crafted, and Reward
B)Strategic, Crafted, and Choice
C)Core, Crafted, and Choice
D)Core, Assistance, and Optional

Question

Quizplus · Accepted Answer

Milkovich and Bloom's strategic flexibility model includes three compensation sets: Core (fundamental compensation that is necessary to compete in the market and attract employees), Crafted (tailored compensation for specific employee groups or job roles), and Choice (employee-selected compensation options). Option D is incorrect because Assistance and Optional are not part of the model. Option A is incorrect because Reward is not one of the sets listed. Option B is incorrect because Strategic is not one of the sets listed.

Milkovich and Bloom's Strategic Flexibility Model Includes the Following Compensation