The ______ of an organization includes anything that an employee may value and that the employer is willing and able to offer.
A) expectancy
B) equity
C) rate
D) compensation system

Question

Quizplus · Accepted Answer

The compensation system of an organization refers to all forms of payment and benefits that an employer provides to employees in exchange for their work. This includes salary, bonuses, health insurance, retirement plans, and other perks that an employee may value. Expectancy refers to an individual's belief that their effort will lead to high performance, while equity refers to fairness in the distribution of rewards. Rate alone does not provide a complete understanding of an organization's compensation system.

The ______ of an Organization Includes Anything That an Employee