Compensation policy choices that affect the pay level relative to other companies are most closely associated with the _____ aspect of the pay model.
A)internal alignment
B)external competitiveness
C)employee contributions
D)pay system management

Question

Quizplus · Accepted Answer

Compensation policy choices that affect the pay level relative to other companies reflect the company's external competitiveness. This aspect of the pay model considers how the organization's pay practices compare to what other firms in the same industry might offer for similar positions. By setting the pay level relative to competitors, organizations can attract and retain top talent while remaining competitive in the labor market.

Compensation Policy Choices That Affect the Pay Level Relative to Other