Which change to the compensation system is likely to be triggered by an aging workforce?
A) more vigorous job evaluations
B) more focus on tuition reimbursements
C) more focus on pension plans
D) increased pay equity

Question

Quizplus · Accepted Answer

An aging workforce is likely to have retirement on their mind and therefore more focus on pension plans may be necessary to retain them. This is also important to keep these valuable and experienced employees loyal to the organization.

Answer: B
 With an aging workforce, more employees may be interested in upskilling or seeking advanced education to remain relevant. Providing tuition reimbursement will not only attract such employees but also give the employer a competitive edge in a job market where skill refreshers are becoming necessary.

Therefore, the best choices are C and B.

Which Change to the Compensation System Is Likely to Be