Asked by Heather Hernandez on Jul 13, 2024
Verified
In an organization, which of the following functions of compensation serves to indicate to employees what is important to focus on by paying for certain kinds of activities or behaviors?
A) Workload reduction
B) Equity
C) Market benchmarking
D) Signaling
Compensation Functions
Refers to the various responsibilities and activities involved in managing an organization's employee compensation, including salary administration, bonuses, and benefits.
Signaling
The act of conveying information indirectly through actions or signals rather than direct communication.
- Comprehend the assorted methodologies and aims behind job evaluation and salary strategies.
Verified Answer
SK
Sivashanhari KasotharanJul 15, 2024
Final Answer :
D
Explanation :
Signaling serves as a function of compensation by indicating to employees what behaviors or activities are valued and rewarded by the organization, guiding them on where to focus their efforts.
Learning Objectives
- Comprehend the assorted methodologies and aims behind job evaluation and salary strategies.