Organisations typically have a compensation philosophy of paying their employees at or above area wage levels in order to emphasise their desire to _________.

Question

Quizplus · Accepted Answer

By paying their employees at or above area wage levels, organisations signal their desire to attract the best pool of talent. This can help them remain competitive and ensure that they have a skilled and motivated workforce. Offering fewer benefits or becoming unionised are not typically part of a compensation philosophy, and being less sustainable would not be a desirable outcome.

Organisations Typically Have a Compensation Philosophy of Paying Their Employees