A strategic perspective on compensation focuses on tailoring a firm's compensation system to reinforce the firm's business strategy.

Question

Quizplus · Accepted Answer

This statement is true. A strategic perspective on compensation means aligning the compensation system with the firm's business strategy to achieve the desired goals and outcomes. This involves designing and implementing a compensation system that motivates and rewards employees based on their contribution to the success of the company's strategy.

A Strategic Perspective on Compensation Focuses on Tailoring a Firm's