You are attempting to define the role compensation will play in your reward strategy.What is a key factor that needs to be examined?
A) the nature of intrinsic and other extrinsic rewards offered
B) the compensation level strategy
C) the indicators of goal achievement
D) the compensation system behavioural objectives

Question

Quizplus · Accepted Answer

The nature of intrinsic and other extrinsic rewards offered is a key factor that needs to be examined when defining the role compensation will play in your reward strategy. This is because the effectiveness of compensation as a motivator is influenced by the other rewards that are available to employees. For example, if employees are already highly motivated by intrinsic rewards, such as the satisfaction of doing a good job, then compensation may not be as effective in motivating them.

You Are Attempting to Define the Role Compensation Will Play