You have been asked to develop an effective reward system for Kroger stores. In designing such a system, you should strive to meet all of the following objectives except
A) enabling employees to satisfy their basic needs.
B) providing rewards comparable to those offered by other firms.
C) distributing rewards fairly within the organization.
D) recognizing that different people have different needs.
E) maximizing the amount spent on compensation.

Question

Quizplus · Accepted Answer

The objective of maximizing the amount spent on compensation is not a necessary requirement for developing an effective reward system. Rather, the focus should be on providing rewards that motivate employees, enhance job satisfaction and performance, and align with the organization's goals and values. Moreover, overspending on compensation may not always translate into better employee motivation and retention, especially if the rewards are not tailored to individual needs and preferences.

You Have Been Asked to Develop an Effective Reward System