Given the choice to match, lead, or lag, the most common competitive pay policy is to match rates paid by competitors.

Name: Given the choice to match, lead, or lag, the most common competitive pay policy is to match rates paid by competitors.
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Question

Quizplus · Accepted Answer

Matching the pay rates of competitors is a common strategy as it helps organizations remain competitive in attracting and retaining talent without incurring the higher costs associated with leading or the potential drawbacks of lagging.

Given the Choice to Match, Lead, or Lag, the Most