Asked by Andrea Quintero on Sep 23, 2024
Verified
Line managers:
A) tend to be highly informed about the compensation system
B) usually receive intensive training on base pay rates
C) have more information about benefits than about other aspects of compensation
D) often participate in designing total compensation
E) all of the above are true
Line Managers
Individuals who have direct responsibility over a particular group of employees within an organization, overseeing daily operations and reporting to higher management.
Compensation System
A structured plan designed by an organization to pay its employees, including wages, benefits, bonuses, and other types of pay.
Total Compensation
Encompasses the complete pay package for employees, including salary, benefits, bonuses, and any other financial rewards.
- Understand the concepts of total compensation and its components.
- Recognize the effects of organizational strategies and policies on compensation.
Verified Answer
Learning Objectives
- Understand the concepts of total compensation and its components.
- Recognize the effects of organizational strategies and policies on compensation.
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