A compensation committee generally makes recommendations to the on overall pay

A compensation committee generally makes

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Health insuranceCorporate-owned employee life insuranceCompany-paid financial planning for executivesEstate planningMCWhich of the follow 25. Which of the following statements is true of the salary-only approach? 23MCA compensation c
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The salary-only approach is useful only when an organization is compensating experienced sales executives.The salary-only approach is not useful in compensating sales representatives who are new to a job.TFThe most prevale 26. The most prevalent forms of organization-wide incentives are piece-rate systems, sales commissions, and individual bonuses. 27. Merchandise, gift certificates, and travel are the most frequently used incentives for recognition awards.TFMerchandise, gift 28. A stock option plan gives employees the right to purchase an unlimited number of shares of company stock ata specified exercise price for a limited period of time.TFA stock option pla 29. Compensation given to an executive if he or she is forcedto leave an organization is called golden parachute. TrueFalse27TFMerchandise, gift 28TFA stock option pla 30 TF A draw is a system
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30. A draw is a system in which sales representatives can draw advance payments against future commissions.
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