Ask Question
BusinessBusiness
1 October, 10:13

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.

+5
Answers (1)
  1. 1 October, 13:29
    0
    Answer with explanation:

    It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What effects do you think poverty has on individuals, families, and society?
Answers (1)
The quantity demanded for cars monthly is shown in the table below: Demand for Cars Price (dollars) Quantity of Cars Demanded (thousands of cars) 23,000 600 21,000 620 19,000 640 17,000 660 15,000 680 An increase in income increases the quantity
Answers (1)
Are perfectly competitive markets allocatively allocatively efficient in the long run?
Answers (1)
Game Guys, Inc. needed a special silicon substrate. The company executives knew a new start-up in India, Silicon Sisters, Inc., was the best in the world at efficiently mass-producing the product.
Answers (2)
Total costs for Locke & Company at 120 comma 000 units are $ 329 comma 000 , while total fixed costs are $ 175 comma 000.
Answers (1)
New Questions in Business
Quarrels among business associates have become common. The associates quarrel over what products the firm should sell, division of authority, selection of personnel, whether to bring family members into the business, whether to expand, and who is
Answers (1)
Kroger Supermarkets changes its ads constantly to describe new products it has for sale and different price specials it offers.
Answers (1)
Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 271,240 Aug. 31 Goods finished 190,490 31 Direct materials X 31 Direct labor 32,700 31 Factory overhead X Factory Overhead Aug. 1 - 31 Costs incurred 112,690 Aug.
Answers (1)
Which of the following is true of customers who are regarded as ""promoters"" based on the net promoter score associated with these customers? A. They spread negative comments about the organization. B. They usually defect at higher rates. C.
Answers (1)
Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realization, their capital balances are $36,000 and $24,000, respectively.
Answers (1)
Home » Business » Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.
Sign Up Forgot Password?