_____ shows how competitors value work in similar jobs.
A) Base wage
B) Total cash
C) Total compensation
D) Base pay plus benefits

Question

Quizplus · Accepted Answer

Base wage refers to the amount of money paid to an employee for performing a specific job. It is generally based on the market rates for similar jobs in the industry. Therefore, it shows how competitors value work in similar jobs. Total cash, total compensation, and base pay plus benefits are all related to the total pay package, which includes other factors such as bonuses, incentives, and benefits, in addition to the base wage. However, they do not specifically reflect how competitors value work in similar jobs.

_____ Shows How Competitors Value Work in Similar Jobs