One reason for developing a sound and clear compensation strategy is that companies can be assured they are offering a fair salary for a particular job. This reason is an example of what stated benefit?

The correct response focuses on the benefit of ensuring that companies provide a fair salary for a particular job, which is closely tied to establishing a sound compensation strategy. When organizations develop a clear compensation strategy, they are likely to conduct thorough market analyses to determine competitive salary ranges for different roles. This practice helps them avoid issues related to wage disparity and unfair compensation, thereby promoting fairness and equity within the workplace.

Offering competitive and fair salaries not only assists in adhering to legal standards regarding pay equity but also has positive implications for costs. A well-structured compensation strategy can help manage labor costs effectively while maintaining competitiveness in the job market. By aligning compensation with industry standards, companies can prevent overpaying or underpaying employees, which directly impacts the organization's cost management.

Other options may tie into different aspects of a compensation strategy; for instance, legal compliance pertains to adhering to laws and regulations, employee satisfaction relates to how compensation impacts morale and engagement, and attraction and retention focus on how pay influences a company's ability to attract and keep talent. However, the essence of developing a sound compensation strategy to ensure fair salaries aligns more closely with considerations around costs, as it ultimately influences the overall financial health of the organization while supporting fairness in pay practices.