Which of the following are the main purposes of a total compensation system?

Comprehensive and Detailed in Depth Explanation:

A total compensation system includes all forms of pay and benefits (e.g., salary, bonuses, health insurance) provided to employees. Its main purposes are to attract, motivate, and retain talent while ensuring alignment with organizational objectives.

Option A (To eliminate turnover for employees): While compensation can reduce turnover, “eliminating” it is unrealistic, as turnover can occur for many reasons.

Option B (To have a tool for disciplinary action): Compensation is not a disciplinary tool; discipline involves other processes.

Option C (To lead the market in pay and benefits): Leading the market may be a strategy, but it is not a main purpose of a compensation system.

Option D (To retain strong performing employees): Correct, as a key purpose is to retain talent by offering competitive rewards.