Which compensation strategy requires a common framework but not a one-size-fits-all solution?
A) a progressive strategy
B) a lag strategy
C) a lead strategy
D) a global strategy
E) a match strategy

Question

Quizplus · Accepted Answer

A global compensation strategy requires a common framework for consistency across countries, but it acknowledges that one-size-fits-all solutions may not be appropriate for every location. This strategy requires companies to align compensation practices with local laws, practices, and cultures, while also maintaining consistent principles and values across the global organization.

Which Compensation Strategy Requires a Common Framework but Not a One-Size-Fits-All