The policies and strategies pertaining to employee compensation comprise a
A) performance appraisal.
B) profit-sharing system.
C) compensation system.
D) wage survey.
E) job evaluation.

Question

Quizplus · Accepted Answer

The policies and strategies pertaining to employee compensation comprise a compensation system, which includes deciding on salaries, bonuses, benefits, and other forms of payment packages for employees. Performance appraisal, profit-sharing systems, wage surveys, and job evaluations are all components that may inform the development of a compensation system, but they are not synonymous with compensation policies and strategies.

The Policies and Strategies Pertaining to Employee Compensation Comprise a