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levacccp [35]
3 years ago
8

Reward systems (Connect, Perform)

Business
2 answers:
BabaBlast [244]3 years ago
6 0

A.

B.

C.

D.

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tino4ka555 [31]3 years ago
4 0

Answer:

a. reward system

b. Surface value

c. Perquisites

d. Compensation packages

Explanation:

Reward system encompasses the whole compensation packages for workers.

Base pay is the main determinant for other compensations.

Symbolic value refers to the representational value of a reward as opposed to the worth.

Compensation packages for various entities vary depending on the organization.

Indirect compensation is not directly linked to a job.

Perquisites refer to the benefits from employment.

Flexible reward system is not a fixed system, but one that flexes with other factors.

Participative pay system encourages workers' contribution in determining pay.

Surface value is the worth of a compensation to the recipient.

Incentive system refers to the employment structure that motivates employees to act in the best interest of the organization.

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<h3>What is meant by sole proprietorship?</h3>

A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A solitary proprietor may hire employees in addition to doing their own business .

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2 years ago
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