Which of the following trade-offs does a company need to consider with compensation management?
A)Performance-reward
B)Risk-reward
C)Motivation-reward
D)Ability-reward
E)Behavior-reward

Question

Quizplus · Accepted Answer

Compensation management involves finding a balance between the level of risk a company is willing to take on and the rewards it is willing to offer employees. This trade-off can impact the company's financial stability as well as its ability to attract and retain top talent. Therefore, the company needs to consider the risk-reward trade-off carefully to ensure it is offering competitive compensation packages without putting the organization at undue risk.

Which of the Following Trade-Offs Does a Company Need to Consider