__________ often pay below the market average wage rate due to an inability to pay more or a belief that their employees are easily replaceable.
A) Pay leaders
B) Pay challengers
C) Pay followers
D) Pay structures

Question

Quizplus · Accepted Answer

Pay followers often pay below the market average wage rate due to an inability to pay more or a belief that their employees are easily replaceable. A "pay leader" would pay above market average, while a "pay challenger" would pay competitively to attract top talent. "Pay structures" are the systems used to set and administer pay levels within an organization.

__________ Often Pay Below the Market Average Wage Rate Due