Asked by Janninah Miller on Jun 01, 2024
Verified
What is the most common level of market pay policy?
Market Pay Policy
A compensation strategy based on the prevailing wage rates within an industry or geographic location for similar jobs, aiming to attract and retain talent by offering competitive salaries.
- Understand different levels of market pay policies.
Verified Answer
ZK
Learning Objectives
- Understand different levels of market pay policies.
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