Which statement best describes the context of compensation management within a firm?
A) All organizations need a human resources department to deal with compensation issues.
B) The larger the firm,the greater the need for compensation specialists.
C) In smaller organizations,compensation consulting firms are responsible for compensation strategy.
D) Within a large firm,all managers require extensive knowledge of compensation.

Question

Quizplus · Accepted Answer

Compensation management is an essential function within organizations of all sizes. However, larger firms often have a more complex compensation structure, which requires specialized knowledge and expertise. Therefore, the larger the firm, the more likely it is to have dedicated compensation specialists.

Which Statement Best Describes the Context of Compensation Management Within