From employers' perspective, an advantage of merit pay is that it is cheap.

Name: From employers' perspective, an advantage of merit pay is that it is cheap.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Merit pay requires employers to evaluate employee performance and provide monetary rewards accordingly. This process can be time-consuming and may require additional resources for training and development. Therefore, it may not necessarily be cheap for employers to implement.

From Employers' Perspective, an Advantage of Merit Pay Is That