Which of the following is a basic characteristic of an effective reward system?
A)Rewards are distributed fairly.
B)The reward system is multifaceted.
C)The rewards satisfy employees' basic needs.
D)The rewards are comparable to those offered in other organizations.
E)All of these.

Question

Quizplus · Accepted Answer

An effective reward system should have all of these characteristics. Rewards should be distributed fairly, meaning that they are based on objective criteria and are not influenced by factors such as favoritism or discrimination. The reward system should be multifaceted, providing a range of rewards that may include monetary compensation, benefits, and opportunities for advancement or recognition. Rewards should also satisfy employees' basic needs, such as providing a livable wage and adequate benefits. Additionally, rewards should be comparable to those offered in other organizations in order to attract and retain competitive talent.

Which of the Following Is a Basic Characteristic of an Effective