A compensation manager,Timothy,has the task of restructuring Acme Widget's reward systems.Workers are frustrated with the current system.They feel it is unfair because,although different jobs have different duties and performance requirements,all workers are paid the same. Workers also complain that some employees take twice as long to complete the same task.With this in mind,Timothy might want to consider:
A)employee share options
B)one-time bonuses
C)profit sharing
D)merit-based pay

Question

Quizplus · Accepted Answer

As per the given scenario, workers have expressed concerns about the fairness in pay due to differences in job duties and performance requirements, as well as discrepancies in the time taken to complete tasks. Merit-based pay would address these concerns, as it rewards employees based on individual performance and is tied to specific job duties and responsibilities. Employee share options, one-time bonuses, and profit sharing are not directly tied to individual performance and may not address the specific concerns of workers regarding fairness in pay.

A Compensation Manager,Timothy,has the Task of Restructuring Acme Widget's Reward