Mimi is redesigning the compensation mix at her organization to include more family-friendly benefits such as child and elder care.Mimi is working on the ________ portion of her organizational philosophy on compensation.
A)ability to pay
B)types of compensation
C)wage compression
D)skill or competency-based pay

Question

Quizplus · Accepted Answer

The types of compensation refer to the benefits and rewards that employees receive beyond their regular pay. This includes family-friendly benefits such as child and elder care, which Mimi is working on redesigning. The other options listed (ability to pay, wage compression, and skill or competency-based pay) are also components of an organizational philosophy on compensation but do not specifically address the inclusion of family-friendly benefits.

Mimi Is Redesigning the Compensation Mix at Her Organization to Include