Which of the following refers to the creation of a compensation package that produces the employee behaviours that a company requires in order to achieve their competitive strategy?

Question

Quizplus · Accepted Answer

An aligned reward strategy refers to designing a compensation package that aligns with the company's goals and objectives, thereby driving employee behavior that is consistent with the organization's competitive strategy. This package should motivate employees to work towards the company's vision and mission, leading to improved performance, productivity, and ultimately, profitability.

Which of the Following Refers to the Creation of a Compensation