Companies Place a Considerable Amount of Attention on Compensation Plans

Multiple Choice

Companies place a considerable amount of attention on compensation plans because

A) firms are likely to face stiff penalties from the government if they do not offer competitive wages and salaries.
B) attracting the right employees with good compensation packages can translate into a competitive advantage.
C) it is a hygiene factor.
D) a good compensation plan will be less costly than other parts of the operation.