Question Detail
Question
Which type of relativity in compensation management is achieved when an organization pays attention to market rates to attract and retain good quality staff from the external labour market?
Correct Answer
Option C is the correct answer.
Detailed Explanation
Page 22 states: 'Thus, external relativity is achieved when the organisation pays attention to market rates so that the organisation can attract and retain good quality staff from the external labour market.'
Hint
Consider the 'market' aspect of compensation.