Question Description
What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer?.

Solutions for What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the primary purpose of compensation management in an organization?a)To create a hierarchical structure for employees.b)To design and maintain a pay system to improve organizational performance.c)To reduce absenteeism and turnover.d)To establish a rigid compensation package for all employees.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice B Com tests.