_______refers to the mix of the four basic components of compensation-base pay, wage add-ons, incentives, and benefits-that we employ.We must divide available funds among the components.
A)Ability to pay
B)Pay for performance
C)At-market pay
D)Types of compensation
E)Wage compression

Question

Quizplus · Accepted Answer

Types of compensation refers to the mix of the four basic components of compensation-base pay, wage add-ons, incentives, and benefits-that we employ. The organization must divide available funds among these components to ensure that the total compensation package is competitive in the market and meets the needs of employees.

_______Refers to the Mix of the Four Basic Components of Compensation-Base