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
In Economics, What is Signalling?
Answers (1)
Subjects in group a are paid $1 for engaging in a dull task. subjects in group b are paid $20 for the same task. which theory would predict that group a subjects would enjoy the task more?
Answers (1)
1. A company acquires all of the assets and liabilities of another company. Which statement is false? A. The acquired company no longer exists as a separate entity. B.
Answers (1)
Streaming media uses only small amounts of data true or false
Answers (1)
Deflation Group of answer choices increases incomes and enhances the ability of debtors to pay off their debts. increases incomes and reduces the ability of debtors to pay off their debts.
Answers (1)
New Questions in Business
You have $2,000 in an account which pays 2.9% compounded annually. How many additional dollars of interest would you earn over 4 years if you moved the money to an account earning 4.4% compounded quarterly?
Answers (1)
In the Republic of Priceland, in 2009 the consumer price index was 168.00. In 2010 the index increased to 180.60. Calculate the rate of inflation in Priceland between 2009 and 2010.
Answers (1)
Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services.
Answers (1)
The pursuit of only a singular, substantive goal often tends to support the choice of a competitive strategy. a. True b. False
Answers (2)
Tony is the sole shareholder of O. K. Oil Corporation. Tony uses O. K's funds to pay his personal expenses and to create Pure Fuel Corporation to engage in the same business as O. K. Oil. He then transfers all of O. K. Oil's assets to Pure Fuel.
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?