Katrina’s organization is hiring for low-skilled jobs in an industry where unemployment is high and it is easy to find replacement workers. Adopting a(n) ________ organizational philosophy on compensation could allow her to hire plenty of workers.

A. wage compression
B. below-the-market
C. pay for longevity
D. competency-based pay
E. profit pay


B. below-the-market

Business

You might also like to view...

Which of the following accounts is used only at the close of the accounting period to adjust the merchandise inventory account and summarize the temporary owner's equity accounts?

a. Capital; b. Income Summary; c. Insurance Expense; d. Drawing; e. Unearned Revenue

Business

The ability to collect a large quantity of data is an advantage of using telephone interviewing to collect research data

Indicate whether the statement is true or false

Business

Employers must have permission from job applicants to request a credit report

a. True b. False Indicate whether the statement is true or false

Business

Ordinarily, every party to a contract is presumed to have contractual capacity until the contrary is shown

Indicate whether the statement is true or false

Business