Question: Top executives can have either a high wage or low wage strategy. A particular percentile above or below the market average line may be targeted.

Top executives can have either a high wage or low wage strategy. A particular percentile above or below the market average line may be targeted. The rate of turnover and who is being lost should be monitored to see if a course adjustment is called for. What is the name of this compensation system?
Factor Comparison
Point System
Job Classification System
Market Pricing
Skill Based Pay
 Top executives can have either a high wage or low wage

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!