Question Detail

IRP 321 Compensation Management policies Objective Question

Question

Which compensation policy is concerned with whether salary information is shared openly or kept confidential within an organization?
Options
A Policy of seniority-based pay
B Policy of performance-based pay
C Policy of fairness and equity
D Policy of pay secrecy or openness
Correct Answer
Correct Answer

Option D is the correct answer.

Detailed Explanation

Page 12 lists 'Policy of pay secrecy or openness' as one of the compensation policies, which directly addresses the transparency of pay information.

Hint

The name of the policy itself indicates its focus.

Question Info