The multiple plans specifying business unit and family while giving compensation are considered in approach called Options: A . &nbsprecency compensation approach B . &nbsptraditional compensation approach C . &nbsptotal rewards approach D . &nbspprimacy compensation approach

The multiple plans specifying business unit and family while giving compensation

Question

The multiple plans specifying business unit and family while giving compensation are considered in approach called

Options:

A . recency compensation approach

B . traditional compensation approach

C . total rewards approach

D . primacy compensation approach

Answer: Option B
Answer: (b).traditional compensation approach

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Question 1. The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations hig....market and remaining pays compensations higher than market is called

Question 2. The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having si....are performed by individuals having similar duties are classified as

Question 3. The employees to whom the overtime is not paid under the restriction of Fair Labor Standards Act are called....

Question 4. The compensation philosophy according to which compensations are not paid according to span of service, but considering ....to span of service, but considering performance level is called

Question 5. The perceived fairness that must be considered in outcomes of performance is classified as....

Question 6. The payments made to employees without taking hours for which they worked into consideration are called....

Question 7. The type of rewards employees get in the form of monetary or non-monetary benefits are classified as....

Question 8. The compensation which is calculated as percentage of total revenue generated by the sales is classified as....

Question 9. The plan which gives the right to sell or buy the stock of the organization at fixed price for specific period of time i....fixed price for specific period of time is classified as

Question 10. In sales incentives and compensation, the amount which is deducted from future commissions in advance is classified as....

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