Which of the following is true of an employer who uses the third-quartile strategy of compensation?
A) The employer pays the employees above market levels.
B) The employers determine the pay irrespective of the market scenario.
C) The employer pays the employees below market levels.
D) The employer pays the employees on par with the market levels.

Question

Quizplus · Accepted Answer

The third-quartile strategy of compensation means paying employees above the median market rate, typically in the top 25% of the market, to attract and retain top talent.

Which of the Following Is True of an Employer Who