An advantage of market pricing is that employees view it as having high face validity.

Question

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Market pricing is a commonly used approach for determining pay rates that are competitive with other organizations in the same labor market. Employees tend to view market pricing as fair and having high face validity because it is based on objective data from external sources rather than being determined solely by the employer's subjective evaluation of the worth of a job or individual employee.

An Advantage of Market Pricing Is That Employees View It