Organizations that have specific policies about where they wish to position themselves in the labor market use a/an ____ strategy.
A) industry
B) quartile
C) benchmarking
D) labor market

Question

Quizplus · Accepted Answer

A quartile strategy refers to an organization's decision on where it wants to position itself in terms of pay relative to the market. Quartiles (first, second, third, fourth) represent segments of the market rate for salaries, allowing organizations to target a specific pay level (e.g., above, at, or below market average) to attract and retain employees.

Organizations That Have Specific Policies About Where They Wish to Position