Some organizations can choose a strategy to pay higher than market wages and salaries. Which of the following will this NOT help them do?
A) be more selective in their employee hiring
B) reduce training costs
C) retain valuable employees
D) develop more advanced performance appraisals

Question

Quizplus · Accepted Answer

Paying higher wages than market rates may attract and retain valuable employees, reduce turnover rates, and allow organizations to be more selective in their hiring process. However, it does not directly impact the development of more advanced performance appraisals. The development of appraisals is influenced by various factors such as organizational culture, resources, and performance management policies.

Some Organizations Can Choose a Strategy to Pay Higher Than