Question Detail
Question
Which compensation philosophy views salaries paid to workers as an investment that will have a multiplier effect on productivity or the bottom line, emphasizing a just, fair, equitable, transparent, and rewarding system?
Correct Answer
Option C is the correct answer.
Detailed Explanation
Page 10 states: 'While others hold the view that salaries paid to workers should be seen as an investment that will have a multiplier effect on productivity or the bottom line. This is the positive philosophy. The positive compensation/reward philosophy places a premium on having a reward system that is just, fair, equitable, transparent, and rewarding employees according to their efforts, performance/ contribution.'
Hint
Consider the philosophical stance that sees compensation as a driver of future gains, not just an expense.