A company designs its compensation system around the philosophy that employees exchange their skills and contributions for pay.As a consequence,employees feel fairly compensated when the ratio of their inputs and outputs is equivalent to those of other employees whose job demands are similar to their own.This company's compensation system is based on a ________ compensation model.
A) balanced equity
B) labor market
C) free market
D) distributive justice
Correct Answer:
Verified
Q2: The perceived fairness of what an employer
Q3: The package of quantifiable rewards an employee
Q4: A company using a labor market model
Q5: Indirect compensation in a pay mix typically
Q6: Employee earnings:
A) correlate directly with employee job
Q8: _ is a program designed to reward
Q9: In the opening case in Chapter 10,a
Q10: In the opening case in Chapter 10,an
Q11: You are trying to convince the management
Q12: Pay incentives make up the greatest percentage
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