Small businesses must exceed large businesses in wage and salary levels in order to attract well-qualified personnel.

Question

Quizplus · Accepted Answer

This statement is false. While it may be true that small businesses need to offer competitive wages and salaries to attract qualified personnel, it is not necessary for them to exceed large businesses in this area. Other factors such as work-life balance, job security, company culture, and opportunities for growth and development can also be appealing to job seekers, especially in small businesses where employees may have more autonomy and potential for impact.

Small Businesses Must Exceed Large Businesses in Wage and Salary