The best interests of the employer and employee are served when pay rates for positions are reasonable and

Question

Quizplus · Accepted Answer

Pay rates for positions should be competitive, meaning they should be reasonable and in line with what other companies are paying for similar positions. This ensures that the employer can attract and retain talented employees, while also ensuring that employees are earning a fair wage for their work. Pay rates that are too low may result in turnover and difficulty in finding qualified candidates, while pay rates that are too high may be unsustainable for the employer and may not accurately reflect the value or demands of the position.

The Best Interests of the Employer and Employee Are Served