Asked by
Bailey Williams
on Dec 08, 2024
Verified
Refer to Scenario 9.2. Setting pay levels at Calendars "R" Us can be limited by all of the following factors EXCEPT which one?
A) employee expectations and motivation
B) profitability of the firm
C) productivity of employees
D) economic condition and competition
Employee Expectations
Refers to the assumptions and desires employees have regarding their work, roles, and the organization they work for, influencing their job satisfaction and performance.
Profitability
A financial metric that measures the degree to which a company or a business activity makes money, indicating the efficiency in generating profits.
Economic Condition
The state of a region's or country's economy, reflected in indicators such as GDP, unemployment rates, and inflation.
- Acknowledge the critical role that job evaluation plays in supporting organizational objectives and establishing remuneration policies.
- Understand strategic considerations in setting pay levels and dealing with wage compression.
Verified Answer
CL
Learning Objectives
- Acknowledge the critical role that job evaluation plays in supporting organizational objectives and establishing remuneration policies.
- Understand strategic considerations in setting pay levels and dealing with wage compression.