You are attempting to define the role compensation will play in your reward strategy.What is a key factor that needs to be examined?

A) the nature of intrinsic and other extrinsic rewards offered
B) the compensation level strategy
C) the indicators of goal achievement
D) the compensation system behavioural objectives

Reward Strategy

The design, implementation, and maintenance of a system that values and recognizes employees' contributions towards organizational goals, through both financial and non-financial rewards.

Compensation Level Strategy

An approach to determining the appropriate amount and structure of pay for employees, taking into account factors such as market rates, job role, and individual performance.

Intrinsic Rewards

The personal satisfaction or enjoyment that an individual derives from achieving a task or learning new skills, independent of any external rewards.