Practice Quiz

SPHR Human Resources

Category - Rewards

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A total rewards philosophy can help achieve an organization’s strategic goals by doing which of the following?
  1. Attracting and retaining employees with the necessary KSAs
  2. Establishing a pecking order for jobs within the organization
  3. Positioning the company to lead the competition for employees
  4. Maintaining an entitlement culture
Explanation
Answer - A - A total rewards philosophy helps determine what kind of employees will be attracted to the organization.

Key Takeaway: Developing a philosophy to target employees with the knowledge, skills, and attributes (KSAs) needed by the organization can help advance the organization’s mission. The pecking order for jobs is based on the value of those jobs to the organization. The philosophy defines leading the competition as a strategy. An entitlement culture is maintained by continuing to pay employees for time on the job instead of for performance.
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