In which situation would a "lag the market compensation strategy" be applicable?
A) Turnover costs are low.
B) Turnover costs are high.
C) Recruitment costs are high.
D) The demand for labour is high.

Question

Quizplus · Accepted Answer

A "lag the market compensation strategy" is applicable when turnover costs are low, as the organization can afford to pay below market rates without significant financial impact from losing employees.

In Which Situation Would a "Lag the Market Compensation Strategy