Why would a company pay less than the market rate?
A) It has excellent benefits.
B) It is located in a highly-desirable part of the country, to which people are anxious to move.
C) It provides good job security.
D) The content of its job are very satisfying.
E) All of these are reasons to pay less than the market rate.

Question

Quizplus · Accepted Answer

Companies might offer lower salaries if they provide excellent benefits, are located in desirable areas, offer good job security, or have very satisfying job roles. These factors can compensate for a lower salary by providing value in other ways to employees.

Why Would a Company Pay Less Than the Market Rate