XYZ Company is a world leader in medical device manufacturing.Aiming to continue its market position in this industry,XYZ Company pursues differentiation strategy.As a result,in order to attract and retain best employees,this company compensates its employees higher than almost all competitors.What kind of pay level policy does XYZ Company follow?
A) market match
B) market lag
C) market lead
D) market pay line

Question

Quizplus · Accepted Answer

XYZ Company follows a market lead pay level policy, as it compensates its employees higher than almost all competitors to attract and retain the best employees in the industry.

XYZ Company Is a World Leader in Medical Device Manufacturing