atch Column B with Column A

$-$

Convergent compensation

$-$

Extrinsic rewards

$-$

External factors influencing pay system

$-$

Compensation policy areas

$-$

Internal factors influencing pay systems

$-$

Customised compensation

$-$

Compensation objectives

$-$

Intrinsic rewards

$-$

Compensation

$-$

Competitive compensation

A$.$ Areas that the compensation policy needs to address including pay level, equity, performance$-$related rewards, market rate policy, salary structure, control, total package and how compensation will be communicated

B$.$ Non$-$financial rewards such as recognition, flexible conditions, training and development and a conducive work environment

C$.$ The organisation's ability to pay, employee needs and job requirements that influence the design of the compensation system

D$.$ Legislation, the economy and labour market that influence the design of the compensation system

E$.$ Compensation that is competitive with the external environment to recruit and retention of employees

F$.$ Financial rewards which include salary and benefits payable by employer to employee

G$.$ Combination of extrinsic and intrinsic rewards that constitute total rewards for work delivered

H$.$ Compensation that is convergent with essential skills and values and overall organisational strategy

I. Attracting the right applicants, maintaining cost$-$effectiveness, rewarding good performance, retaining suitable employees and maintaining equity among employees

J$.$ Compensation that is customised to specific requirements of individual employees