Question: In compensation management, what does the term total compensation refer to ? a . The total cost of hiring a new employee b . The

In compensation management, what does the term "total compensation" refer to?
a. The total cost of hiring a new employee
b. The total amount of pay and benefits an employee receives
c. The total budget allocated for compensation within an organization
d. The total number of employees within an organization
In the context of compensation, what does job evaluation involve?
a. Assessing employee performance
b. Determining the value of different jobs within an organization
c. Conducting market surveys
d. Implementing pay for knowledge systems
In compensation management, what does the term "total compensation" refer to?

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