What does a firm's compensation strategy identify?
A) all of the financial and nonfinancial rewards of work
B) the total amount of cash compensation employees will receive
C) the mix of intrinsic rewards
D) the mix and total amount of base, performance, and indirect pay

Question

Quizplus · Accepted Answer

A firm's compensation strategy identifies the mix and total amount of base, performance, and indirect pay. It does not necessarily cover all financial and nonfinancial rewards of work, nor does it focus only on cash compensation or intrinsic rewards.

What Does a Firm's Compensation Strategy Identify