MerTon, Inc. decides to reduce labor costs by using exit incentives to encourage some of its senior, high-earning members to leave the organization. It replaces the employees who quit with new employees and pays them low wages. Which of the following statements is most likely true in this scenario?
A. The compa-ratio of the company is greater than 1.
B. The salary range midpoint of the company is less than the compa-ratio.
C. The salary range midpoint of the company is higher than the actual salary paid.
D. The number of employees being paid red circle rates will increase.
Answer: C
You might also like to view...
X sells to A one-half of a partnership capital interest that totals $70,000 for $40,000 . A's capital account in the partnership should be credited for $40,000
a. True b. False Indicate whether the statement is true or false
There are many advantages associated with the utilization of e-learning. Please briefly describe five advantages associated with e-learning.
What will be an ideal response?
For the lot-sizing technique known as lot-for-lot to be appropriate:
A) future demand should be known for several weeks. B) setup cost should be relatively small. C) annual volume should be rather low. D) item unit cost should be relatively small. E) the independent demand rate should be very stable.
If the ending cash is greater than the minimum cash balance, excess cash exists
Indicate whether the statement is true or false