Asked by Clara Candelario on May 19, 2024
Verified
Compensation plans in the U.S. have become standardized and inflexible.
Compensation Plans
Structured pay and benefits schemes designed to attract, retain, and motivate employees, often including salaries, bonuses, and other incentives.
- Outline the role of salary packages, encompassing incentive pay and perks, in motivating staff members.
Verified Answer
TT
Thidar TheinMay 25, 2024
Final Answer :
False
Explanation :
Compensation plans in the U.S. have not become standardized and inflexible. In fact, many companies offer flexible and creative compensation plans to attract and retain employees.
Learning Objectives
- Outline the role of salary packages, encompassing incentive pay and perks, in motivating staff members.
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