Question: True or false question A pay level identifies the minimum wage that can be paid; employees can grown in each level to earn an unlimited

True or false question

A "pay level" identifies the minimum wage that can be paid; employees can grown in each level to earn an unlimited annual salary based on their own efforts.

Executive compensation packages reward executives for organizational performance, rather than individual performance.

Under the Dodd-Frank Wall Street Reform Act of 2010, shareholders can no longer vote on executive compensation packages.

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