XYZ Inc.pursues a low-cost strategy in its industry and generally needs lower skilled employees.As a result,their management team decided to establish a compensation policy that pays less than the marketplace.In recent years,the company became susceptible to labor shortages and high turnover.What kind of pay level policy does XYZ Inc.follow?

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The Answer of XYZ Inc.pursues a low-cost strategy in its industry and generally needs lower skilled employees.As a result,their management team decided to establish a compensation policy that pays less than the marketplace.In recent years,the company became susceptible to labor shortages and high turnover.What kind of pay level policy does XYZ Inc.follow?

XYZ IncPursues a Low-Cost Strategy in Its Industry and Generally Needs