Asked by
B.Poovika Balakrishnan
on Nov 18, 2024
Verified
When implementing incentive compensation programs, the HR function interviews employees who are leaving the organization.
Incentive Compensation
A form of reward given to employees based on achieving specific performance targets, intended to motivate and improve productivity.
HR Function
The department within an organization responsible for managing human resources, including recruitment, training, compensation, and benefits.
- Recognize the effects of inadequate pay on the retention of employees and the reputation of the organization.
- Comprehend the aims of proficient compensation management, encompassing cost management, behavioral reinforcement, and compliance with legal requirements.
Verified Answer
JW
Learning Objectives
- Recognize the effects of inadequate pay on the retention of employees and the reputation of the organization.
- Comprehend the aims of proficient compensation management, encompassing cost management, behavioral reinforcement, and compliance with legal requirements.
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