In a broad sense, what determines compensation?
A) Availability of bonuses and other incentives.
B) Conditions in the job-market and value the employee brings to the organization.
C) Executive compensation levels.
D) How immediate and measureable impact on revenue will be.
E) Knowledge.
Answer: B
Explanation: In the broadest terms, compensation is dictated by prevailing conditions in the job market and the value each employee brings to the organization. Such variables as geography (locations with higher living expenses tend to have higher salaries), industry, and company size (larger companies tend to pay more) can also factor into the equation.
You might also like to view...
Describe the impact of forecasts based on orders rather than actual customer demand
What will be an ideal response?
Post-interview, but prior to leaving the company property:
A) Visit the human resources department B) Jot down notes about specific information you learned in the interview C) Visit the company break room D) None of the above