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Which of the following compensation-related statements are true : Group of answer choices pay based on...

Which of the following compensation-related statements are true :

Group of answer choices

pay based on merit, restoring equity, and cost of living can all be considered in adjusting compensation

equity concerns are not a major factor related to strategic compensation

pay is only described in terms of external factors

pay changes from year to year with immigration patterns

all of the above

business   Operations-Management   
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Answer #1

pay based on merit, restoring equity, and cost of living can all be considered in adjusting compensation

Compensation needs to be ideally influenced by the merit, equity and cost of living as well for the individual.

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