The package of salary, incentives and fringe benefits designed in a way to motivate the employees is known as?
Correct answer: C. aligned reward strategy
- A. HR strategy
- B. performance appraisal
- C. aligned reward strategy
- D. aligned compensating strategyTry Asset Software
Explanation
An aligned reward strategy combines pay, incentives and benefits so that employee behaviour supports organisational objectives. Performance appraisal measures performance, but does not itself describe 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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