The optimal compensation system is one that adds the most value to the organization,after considering all its costs.

Question

Quizplus · Accepted Answer

The optimal compensation system should be designed to maximize the value that it creates for the organization, while minimizing the costs associated with it. This means that the compensation system should not only attract and retain qualified employees, but also motivate them to perform at their best and achieve the organization's goals. The ultimate goal of a compensation system should be to create a positive impact on the bottom line, and the best system is one that achieves this goal most effectively.

The Optimal Compensation System Is One That Adds the Most