Question: 1, What pay level does the efficiency wage predict? Does the theory accurately predict organizational behavior? Explain. 2. Think of a company that you believe

1, What pay level does the efficiency wage predict?

Does the theory accurately predict organizational behavior? Explain.

2. Think of a company that you believe follows a lag and/or lead policy. Why do you think they believe it pays to pay differently?

Reference

Gerhart, B.A., & Newman, J.M. (2020). Compensation (13th ed.). McGraw-Hill Education.

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