In the opening case in Chapter 10,an experienced computer programmer complains that the starting salary for new hires at Sigma,Inc.is 15% more than his current salary.Dr.Smith's answer reveals that Sigma's compensation system is built on a(n)________ compensation model.
A) balanced equity
B) labor market
C) free market
D) egalitarian

Question

Quizplus · Accepted Answer

Dr. Smith's answer indicates that Sigma, Inc.'s compensation system is based on a labor market compensation model, where salaries are determined by the prevailing wages in the labor market, leading to new hires potentially earning more than existing employees due to market demand.

In the Opening Case in Chapter 10,an Experienced Computer Programmer