Which of the following is true of companies that use a "lead-the-market" pay strategy?
A) They pay more than the current market wages for a job.
B) They have a recruiting disadvantage.
C) They recruit fewer employees than needed and depend on overtime.
D) They provide relatively better working conditions to employees compared to competitors.
E) They usually have low pay,coupled with overtime and flex-time.

Question

Quizplus · Accepted Answer

Companies that use a "lead-the-market" pay strategy pay more than the current market wages for a job. This is because they aim to attract the best talent in the industry, and are willing to pay a premium to do so.

Which of the Following Is True of Companies That Use