Asked by Sandy Babbie on May 14, 2024

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When Jack Kilgore looked at his many job offers (he had an MBA from the University of Queensland and an engineering degree from RMIT) , he looked at base pay and fringe benefits as the most important variables in choosing a company. This demonstrates that:

A) Jack is probably an especially greedy person.
B) bonus plans are ineffective as compensation.
C) Jack's motives are unusual.
D) engineers are more materially oriented than others.
E) pay and benefits are important in attracting and retaining highly qualified workers.

Base Pay

The initial salary paid to an employee, not including bonuses, benefits, or other compensation.

Fringe Benefits

Additional compensation provided to employees beyond their normal wages or salaries, which might include health insurance, pensions, or paid time off.

Highly Qualified Workers

Employees who possess advanced education, specialized skills, and/or extensive experience relevant to their jobs, making them exceptionally proficient in their roles.

  • Analyze the impact of compensation and benefits in attracting and retaining employees.
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william nesmithMay 15, 2024
Final Answer :
E
Explanation :
Pay and benefits are significant factors for highly qualified workers like Jack, who has an MBA and an engineering degree, in choosing among job offers. This reflects a common consideration for job seekers in evaluating potential employment opportunities.