Which is not one of the key understandings needed to formulate compensation strategy?
A) Understand your organizational context.
B) Understand your people.
C) Understand your technical ladders.
D) Understand your compensation constraints.

Question

Quizplus · Accepted Answer

The key understandings needed to formulate compensation strategy include understanding the organizational context, understanding the people within the organization, and understanding the compensation constraints. While technical ladders may be useful in determining appropriate job classifications and salary ranges, they are not a key understanding necessary for formulating compensation strategy.

Which Is Not One of the Key Understandings Needed to Formulate