Asked by Lauren Todaro on Sep 23, 2024
Verified
In terms of pay mix, high-level executives tend to have proportionately more of their total compensation in _____ than do lower levels of employees.
A) benefits
B) base pay
C) incentives
D) "in-kind" payments
E) the pay mix for the various levels of employees is relatively similar until the CEO level
Pay Mix
The combination of different types of compensation, such as base salary, bonuses, equity, and benefits, that an employee receives.
High-Level Executives
These are top-tier leaders within an organization, responsible for major decisions, strategy, and overall company direction.
Incentives
Rewards or benefits, often used within a business context, designed to motivate and encourage specific behaviors or actions from employees or consumers.
- Understand the significance of pay mix variation across different levels of organizational hierarchy.
Verified Answer
Learning Objectives
- Understand the significance of pay mix variation across different levels of organizational hierarchy.
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