A company structures its compensation system so that half of its competitors pay employees more than it does and half of its competitors pay less than it does. Which strategy is it using?
A)lead the market
B)meet the market
C)follow the market
D)lag the market

Question

Quizplus · Accepted Answer

This strategy is known as "meet the market," where a company aims to position its compensation packages in the middle of what is offered by its competitors, neither leading with higher pay nor lagging with lower pay.

A Company Structures Its Compensation System So That Half of Its