Which of the following pay strategy dimensions best fits with a business strategy of growth?
A)Low variable pay
B)Below-market short-term pay level
C)Above-market benefits level
D)Centralization of pay decisions

Question

Quizplus · Accepted Answer

A business strategy of growth often involves investing in the business and expanding operations, which can require a significant amount of capital. Therefore, a below-market short-term pay level can help the business conserve funds in the short term while still providing employees with a base level of compensation. This approach can help ensure that the organization can maintain financial stability while also supporting its growth initiatives.

Which of the Following Pay Strategy Dimensions Best Fits with a Business