Junior Birdman Children's Clothing and Toy Company must attract and retain the most creative and talented children's designers in the industry.It probably uses a third-quartile compensation strategy.

Question

Quizplus · Accepted Answer

A third-quartile compensation strategy aims to attract and retain top-tier employees by offering salaries and benefits that are above the median but below the top 25% of industry standards. This strategy is often used by companies that want to remain competitive in their industry while also controlling costs. Therefore, it is likely that Junior Birdman Children's Clothing and Toy Company uses this strategy in order to attract and retain the most creative and talented children's designers in the industry.

Junior Birdman Children's Clothing and Toy Company Must Attract and Retain