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Which one of the following statements is incorrect about the characteristics of a good compensation plan? a. It should be unfair and should ensure equal pay for equal work b. It should be easy to understand. Each employee should be able to compute his own salary c. It should be integrated to the motivational programme d. It should be flexible enough to accommodate changes in salary as per performance

Which one of the following statements is incorrect about the characteristics of a good compensation plan? a. It should be unfair and should ensure equal pay for equal work b. It should be easy to understand. Each employee should be able to compute his own salary c. It should be integrated to the motivational programme d. It should be flexible enough to accommodate changes in salary as per performance

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Which one of the following statements is incorrect about the characteristics of a good compensation plan?
a.
It should be unfair and should ensure equal pay for equal work
b.
It should be easy to understand. Each employee should be able to compute his own salary
c.
It should be integrated to the motivational programme
d.
It should be flexible enough to accommodate changes in salary as per performance
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