Compensation should be tailored to the needs of the organization,not its employees.

Question

Quizplus · Accepted Answer

Compensation should be tailored to the needs of both the organization and its employees. It should be competitive in the market to attract and retain talent, but also aligned with the organization's goals and values to motivate and engage employees towards achieving those goals. A one-size-fits-all approach may not be effective and personalized compensation packages may be necessary for attracting and retaining a diverse workforce with different skills, experience levels, and priorities.

Compensation Should Be Tailored to the Needs of the Organization,not