Some organizations can choose a strategy to pay higher than market wages and salaries. Which of the following will this likely help them do?
A) be more selective in their employee hiring
B) reduce their direct labour costs
C) reduce their indirect labour costs
D) achieve pay equity between men and women

Question

Quizplus · Accepted Answer

Paying higher than market wages allows organizations to attract a larger pool of applicants, thereby enabling them to be more selective in their hiring process. This can lead to hiring more qualified or desirable employees.

Some Organizations Can Choose a Strategy to Pay Higher Than