A number of employees at LennoCorp have approached their supervisors to request raises. They have said that colleagues who work for other companies in similar positions receive a higher wage. How can LennoCorp ascertain the truth of this anecdotal evidence?
A. Perform job evaluations
B. Conduct wage and salary surveys
C. Initiate escalator clauses
D. Investigate the CPI
Answer: B
You might also like to view...
A comparative scaling technique in which a respondent is presented with two objects at a time and asked to select one object in the pair according to some criterion is called paired comparison scaling
Indicate whether the statement is true or false
The contribution margin income statement provides a good check to determine if the sale of a certain number of units really results in operating income of the given amount
Indicate whether the statement is true or false
When using the NPV method for a particular investment decision, if the present value of the cash inflows is equal to the present value of the cash outflows, then:
A) the discount rate used was too high. B) the investment should not be made. C) the investment has an actual rate of return of zero percent. D) the discount rate is equal to the internal rate of return.
The signature of the person who is enforcing the contract is necessary
Indicate whether the statement is true or false