What is true of companies that use a lead-the-market pay strategy?A) They pay more than the current market wages for a job.B) They have a recruiting disadvantage.C) They recruit fewer employees than needed and depend on overtime.D) They provide relatively better working conditions to employees compared to competitors.E) They usually have low pay, coupled with overtime and flex-time.

Question

What is true of companies that use a lead-the-market pay strategy?A)  They pay more than the current market wages for a job.B)  They have a recruiting disadvantage.C)  They recruit fewer employees than needed and depend on overtime.D)  They provide relatively better working conditions to employees compared to competitors.E)  They usually have low pay, coupled with overtime and flex-time.

Nicole Patel · Accepted Answer

Final Answer : A, Explanation :  Companies that use a lead-the-market pay strategy pay more than the current market wages for a job in order to attract and retain the best employees.

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