This question entails a higher$-$level cognitive process, necessitating the evaluation and synthesis of knowledge in terms of remuneration policies, in line with Bloom's Taxonomy as well as integration of what you have learned.

As an HR manager implementing a "market match" remuneration policy, what does this policy entail?

Select one:

Allowing employees to choose their own benefits.

Increasing salaries annually based on cost of living.

Setting pay based on company profitability.

Matching employees' pay to competitors' pay rates.