A deferred payment scheme is more likely to be accepted by a worker if
A) the firm has a reputation of not firing senior employees to save pension costs.
B) the worker is very young.
C) the worker is very old.
D) None of the above.

Question

Quizplus · Accepted Answer

The worker is more likely to accept a deferred payment scheme if they trust that the firm will fulfill their promise to provide pension benefits, even if the worker remains at the company for a long time. If the firm has a reputation of not firing senior employees to save pension costs, then the worker may feel more secure in accepting the deferred payment scheme. Age is not a determining factor.

A Deferred Payment Scheme Is More Likely to Be Accepted