Question

Pay policies are one of the most important human resource tools forA. reducing competition in the product market.B. automating routine activities.C. persuading customers that high quality is worth a premium price.D. making decisions about product pricing.E. encouraging desired employee behaviors.

Answer 1

(E). Pay policies are important human resource tools for encouraging desired employee behaviors.

Step-by-step explanation:

A pay policy determines how and when employees will be compensated or paid. Payment may include salary, commission, bonuses, allowances.

The human resources department of an organization is responsible for determining the pay policy and structuring it in such a way that employees are motivated, encouraged and rewarded for their efforts.