Alejandro Martinez is responsible for setting up the pay structure for his company.He believes that newly hired employees should not be paid as much as established employees.Which type of pay structure should Mr.Martinez use?
A)broadbanding
B)sales incentives
C)two-tiered
D)merit pay

Question

Quizplus · Accepted Answer

A two-tiered pay structure is a system in which newly hired employees receive a lower rate of pay than established employees. This structure allows for cost control while still incentivizing employees to stay with the company and work their way up to higher pay levels. The other options, broadbanding, sales incentives, and merit pay, do not address the issue of paying newly hired employees less than established employees.

Alejandro Martinez Is Responsible for Setting Up the Pay Structure