Katrina's organization is hiring for low-skilled jobs in an industry where unemployment is high and it is easy to find replacement workers.Adopting a(n)______ organizational philosophy on compensation could allow her to hire plenty of workers.

Question

Quizplus · Accepted Answer

"Below-market" compensation philosophy can allow Katrina's organization to hire plenty of workers in a low-skilled industry with high unemployment because it involves paying employees less than the prevailing wage in the market. With a surplus of unemployed workers, it is more likely that people will accept the lower wages offered by Katrina's organization.

Katrina's Organization Is Hiring for Low-Skilled Jobs in an Industry