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

Question

Quizplus · Accepted Answer

The XYZ Company follows a market lead pay level policy, which compensates employees higher than competitors to attract and retain the best employees.

The XYZ Company Is a World Leader in Medical Device