Above-market compensation policies are more likely to:
A) create an impression of innovation and success.
B) improve employee morale and reduce employee turnover.
C) affect employee cooperation more than any other business policy.
D) reduce barriers between people who need to work closely together.

Question

Quizplus · Accepted Answer

Above-market compensation policies are likely to improve employee morale and reduce employee turnover. This is because employees are more likely to value their job and feel appreciated if they are paid a higher wage than they would receive elsewhere. This can lead to increased job satisfaction and loyalty, which can ultimately result in better performance and lower turnover rates. However, it may not necessarily create an impression of innovation and success, affect employee cooperation more than any other policy, or reduce barriers between people who need to work closely together.

Above-Market Compensation Policies Are More Likely To