An individual-centered compensation system:
A) focuses on employees' contribution and increases compensation based on the employee's ability to perform more duties successfully.
B) assumes that the tasks being performed, and the contribution of those tasks to the company, provide the best criteria for setting the wage pay system.
C) pays based on the number of hours during which the employees perform their assigned job.
D) stresses the value and prestige of the job being performed.

Question

Quizplus · Accepted Answer

An individual-centered compensation system focuses on the individual's contribution to the company and rewards them based on their ability to perform more duties successfully. It does not rely solely on task performance or number of hours worked, but rather evaluates the individual's skills and effort. Therefore, option A is the correct answer.

An Individual-Centered Compensation System