Asked by
Nikki Rojas
on Nov 03, 2024
Verified
Refer to Scenario 9.2. Which of the following is a useful and cost-effective way for Calendars 'R" Us to find information on wage and salary trends in similar industries?
A) develop in-house surveys
B) use surveys done by provincial governments and boards of trade
C) purchase surveys done with global organizations
D) set wages based on ability to pay only
In-House Surveys
Internal surveys conducted within an organization to gather feedback or assess opinions from employees or stakeholders.
Wage Trends
Refers to the patterns or movements in wages or salaries over a period of time within an industry, profession, or the economy at large.
- Recognize the influence of salary surveys and market assessments on determining compensation.
Verified Answer
AM
Learning Objectives
- Recognize the influence of salary surveys and market assessments on determining compensation.