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steffi melinda
on Dec 12, 2024

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Which of the following is most likely to increase the market wage rate in a job category?

A) The employer provides a generous pension plan.
B) The work is widely viewed as safe and not stressful.
C) The job is widely viewed as interesting and prestigious.
D) The job requires employees to move from city to city quite often.

Market Wage Rate

The prevailing pay rate for a specific job in a specific market or industry, determined by supply and demand.

Generous Pension Plan

A retirement plan that offers higher than average benefits to employees, often providing significant income in retirement.

Prestigious

Associated with high status, respect, or admiration awarded to people, institutions, or things based on their achievements, quality, or importance.

  • Ascertain the variables that impact remuneration, taking into account the job's locale, prerequisites, and terms of employment.
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JM
jennifer mitchellDec 13, 2024
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