In the last decade, the pressures of the Canadian economy have dictated that all private-sector, for-profit organizations adhere to a pay-for-performance compensation philosophy.

Question

Quizplus · Accepted Answer

While pay-for-performance has become more popular in many sectors, it is not accurate to say that all private-sector, for-profit organizations in Canada have been dictated to adhere to this compensation philosophy due to economic pressures. Organizations adopt various compensation strategies based on their specific circumstances, industry standards, and strategic goals.

In the Last Decade, the Pressures of the Canadian Economy