Middle-aged workers being paid more than their younger counterparts is likely due to
A) the natural inverse relationship between age and experience.
B) the implementation of a mandatory retirement age by the firm.
C) more recent education and job training programs being more effective than older programs.
D) firms using a delayed compensation scheme.
E) workers prefer delaying their earnings to as late in life as possible.

Question

Quizplus · Accepted Answer

Delayed compensation schemes often result in middle-aged workers being paid more than their younger counterparts because these schemes reward employees for their years of service and loyalty to the company, leading to higher pay as they gain more experience and tenure.

Middle-Aged Workers Being Paid More Than Their Younger Counterparts Is