The issue of how much and what forms of pay are our competitors using is part of which objective of total compensation strategy?
A) Objectives
B) Internal alignment
C) External competitiveness
D) Management

Question

Quizplus · Accepted Answer

The objective of external competitiveness in total compensation strategy involves researching and understanding the compensation practices of competitors in the market, including the amount and forms of pay being offered. This helps companies ensure that their compensation packages remain attractive and competitive in order to attract and retain top talent.

The Issue of How Much and What Forms of Pay