Management roll-out of a new comprehensive compensation scheme is likely addressing
A) short-term environmental risks
B) long-term environmental risks
C) short-term capability risks
D) long-term capability risks

Question

Quizplus · Accepted Answer

A comprehensive compensation scheme is likely addressing long-term capability risks by ensuring that employees are fairly compensated for their skills and performance. This can help to attract and retain talent, motivate employees to perform at their best, and support long-term success for the organization. Short-term environmental risks, such as market fluctuations or changes in customer demand, are unlikely to be directly addressed by a compensation scheme. Similarly, while compensation may play a role in addressing short-term capability risks (such as addressing skill gaps or poor performance), a comprehensive scheme is more focused on long-term talent management.

Management Roll-Out of a New Comprehensive Compensation Scheme Is Likely