Final answer:
The compensation approach prioritizes rewarding individuals based on the costs they incur, while the utilitarian ethical perspective seeks the greatest happiness for the greatest number. These principles are different in their core focus; hence, the compensation approach does not align with utilitarian ethics, making the statement false.
Step-by-step explanation:
The compensation approach is rooted in the belief that people should be rewarded according to the costs they incur in their work activity. This notion stands in contrast to the utilitarian ethical perspective, which posits that morality is dictated by the actions that result in the greatest happiness for the greatest number of people. Essentially, the utilitarian perspective is consequentialist, meaning it considers the outcomes or consequences of an action to determine its moral rightness.
In light of the utilitarian perspective, we can conclude that the compensation approach does not necessarily align with utilitarian ethics because the compensation approach does not focus solely on the consequences or overall happiness resulting from actions. Instead, the compensation approach might be more closely related to a deontological perspective, where morality is determined by adherence to rules or duties, such as fair compensation for efforts or costs incurred. Therefore, to answer the student's query, the statement that the compensation approach aligns with the utilitarian ethical perspective would be considered false.