Exam 13: Activating and Maintaining an Effective Compensation System

Katrina works at a factory assembling plastic toys.She prides herself in producing the most units with the lowest rejection rates.What kind of behaviour is Katrina displaying?

A training process is critical to the launch of a new compensation system.The textbook identifies three groups of stakeholders that should be trained so as to facilitate the introduction of an effective compensation system.Which stakeholder should have very detailed system knowledge?

Research suggests that employee satisfaction with their compensation is directly related to their understanding of the compensation system.

Given changes in financial circumstances of an organization,senior management requests recommendations geared towards containing compensation costs.What would NOT be a recommendation that you would bring forward?

You have been tasked with providing senior management with a plan to evaluate the effectiveness of a new compensation system to be launched by an organization.What is NOT a typical approach associated with evaluating the impact of a compensation system?