Which of the following best describes the term "reward strategy"?
A) the means through which performance bonuses are paid
B) the mix of rewards provided to organization members
C) the means for recognizing outstanding achievement
D) the means for identifying the key contextual variables for an organization

Question

Quizplus · Accepted Answer

A reward strategy refers to the overall set of incentives, benefits, and recognition programs designed to reward and motivate employees for their contributions to an organization. It encompasses a variety of rewards beyond just performance bonuses, such as promotions, flexible work arrangements, and non-monetary recognition programs.

Which of the Following Best Describes the Term "Reward Strategy