All of the following statements are True regarding pay strategies EXCEPT:
A) Wages lagging the market may be paid when recruiting for entry level positions.
B) Jobs that are in demand in the market should be paid wages that lead the market.
C) Pay strategies may be combined based on the labor supply for certain positions.
D) Receiving a large number of applicants for a job may signal that you could pay below market for that job.
E) If critical to the company's success, a job should be paid at market.

Question

Quizplus · Accepted Answer

Jobs critical to a company's success often warrant a pay strategy that leads the market to attract and retain top talent, not just at market rate. This ensures the company remains competitive and secures the necessary skills for its success.

All of the Following Statements Are True Regarding Pay Strategies