A company that says its relatively low starting pay will be offset by larger future pay increases is using the concept of _____.

Name: A company that says its relatively low starting pay will be offset by larger future pay increases is using the concept of _____.
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Question

Quizplus · Accepted Answer

The concept of present-value involves considering the future benefits or pay increases as part of the overall compensation package, making the initial lower pay more acceptable by emphasizing future gains.

A Company That Says Its Relatively Low Starting Pay Will