Question: Micro Marketing Inc. is a small marketing firm that works with start-up companies across Canada and a few larger companies in the United States. Micro

Micro Marketing Inc. is a small marketing firm
Micro Marketing Inc. is a small marketing firm that works with start-up companies across Canada and a few larger companies in the United States. Micro Marketing currently has 20 employees who are paid hourly rates for time worked, not projects completed. These workers consider themselves valuable, knowledge- based workers, and now that the company is expanding its client base they are not happy with the current pay structure. Management claims that this pay structure, ranging from $20 to $65 per hour, is based on collapsing the pay ranges for four job bands. Which of the following is NOT a benefit of a competency- based pay system? Select one a improved staffing flexibility to meet production or service demands b. decreased compensation costs C. greater productivity d. reduced effects of absenteeism and turnover

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