Which of the following is more likely to warrant changes in an organization's compensation policy to offer above-market wages?
A) decreasing unemployment rates
B) decrease in the number of employees quitting jobs
C) reduction in the number of companies in its industry
D) restructuring of jobs to make them more process oriented

Question

Quizplus · Accepted Answer

When unemployment rates decrease, the labor market becomes more competitive, prompting organizations to offer above-market wages to attract and retain talent.

Which of the Following Is More Likely to Warrant Changes