Asked by Annika Hogstrom on Jul 15, 2024

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Meshing compensation and organizational objectives helps employees assume ownership of their jobs, improve effort, and improve performance.

Meshing Compensation

A compensation strategy designed to align employees' pay with organizational goals, performance, and culture.

Organizational Objectives

Specific goals that a company or institution aims to achieve, which guide its operations and strategic planning.

Employee Ownership

A business structure where employees have a significant stake in the company, often through stock ownership.

  • Elucidate the principle of strategic compensation and its significance in harmonizing the objectives of the organization with the performance of its employees.
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JB
Jaspreet BoyalJul 16, 2024
Final Answer :
True
Explanation :
Meshing compensation with organizational objectives can help create a sense of alignment between employee efforts and company goals, which can in turn drive better job ownership, effort, and performance.