Paul is a single parent.He received consistently high performance appraisals from his employer,until the company went bankrupt.Now,Paul is looking for a new job.As the recruiter at MilqueMaid Chocolate,you are very interested in Paul.But,your firm has a lag-the-market compensation strategy.You know that Paul has had an offer from a firm that has a meet-the-market strategy.You are not authorized to offer Paul a market-level salary.Your best way to lure Paul to MilqueMaid is to
A) point out MilqueMaid's broad-based performance incentive programs.
B) emphasize MilqueMaid's entitlement compensation philosophy.
C) discuss the method that MilqueMaid used to determine its quartile strategy.
D) discuss MilqueMaid's broadband pay structure.

Question

Quizplus · Accepted Answer

The best way to lure Paul to MilqueMaid despite its lag-the-market compensation strategy would be to point out the company's broad-based performance incentive programs. This would emphasize the potential for Paul to earn more through exceptional performance, even if the base salary is lower than what he could get at another firm. This approach also aligns with Paul's history of receiving high performance appraisals, making it more likely that he would be motivated by the opportunity to earn more through his individual efforts.

Paul Is a Single Parent