The 'Hay consulting firm' emphasizes compensable factors such as?
Correct answer: D. accountability
- A. skills
- B. efforts and responsibility
- C. knowledge
- D. accountability
Explanation
The Hay system evaluates jobs through factors including know-how, problem-solving, and accountability; among the options, accountability is the relevant compensable factor. Skills and knowledge are related to the broader know-how factor.
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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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