Creating a package of rewards for employees is called?
Correct answer: A. aligned reward strategy
- A. aligned reward strategy
- B. performance appraisal
- C. HR strategy
- D. aligned compensating strategy
Explanation
An aligned reward strategy creates a coordinated package of financial and nonfinancial rewards that supports organizational goals. Performance appraisal measures performance rather than designing the reward package.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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