In the context of compensation quartile strategies, the match-the-market strategy is also called the third-quartile strategy.

Name: In the context of compensation quartile strategies, the match-the-market strategy is also called the third-quartile strategy.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

The match-the-market strategy is also called the second-quartile strategy, not the third-quartile strategy. This is because it aims to match the median (or second quartile) of compensation within the market or industry.

In the Context of Compensation Quartile Strategies, the Match-The-Market Strategy