Asked by Salvador Ramirez on May 23, 2024
Verified
The textbook identifies two in-house methods that may be used to collect compensation data.Which of the following is classified as an "in-house" source?
A) formal surveys
B) government agencies
C) consultants
D) industry groups
In-house Methods
Techniques or processes that are conducted within an organization by its own staff rather than being outsourced to external entities.
Compensation Data
Information regarding the range of pay rates, salaries, and benefits offered to employees in various positions within an industry.
- Comprehend the rationale and validity of earnings data, bearing in mind the imperfections of specific origins.
Verified Answer
MB
Malyuun Boqorada CidaMay 26, 2024
Final Answer :
A
Explanation :
Formal surveys are the in-house methods that may be used to collect compensation data. Government agencies, consultants, and industry groups are external sources.
Learning Objectives
- Comprehend the rationale and validity of earnings data, bearing in mind the imperfections of specific origins.
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