The problem with having a wage structure with underpaid employees can be solved through raising their wages to which of the following?
A) An external industry pay grade system
B) The midrange of an employee's pay grade
C) The minimum of the rate range for their pay grade
D) The maximum of the rate range for their pay grade
E) Be competitive with other jobs in the firm

Question

Quizplus · Accepted Answer

The minimum of the rate range for their pay grade is the lowest amount that an employee can be paid for their position. Raising wages to this level would ensure that all employees are being paid fairly.

The Problem with Having a Wage Structure with Underpaid Employees