Which of the following challenges does an organization face when market forces require that some jobs be paid more than is indicated by their relative work?
A) employment standards
B) wage and salary policies
C) productivity
D) prevailing wage rates
E) union power

Question

Quizplus · Accepted Answer

Market forces can dictate that certain jobs must be paid more than they may appear to be worth in terms of the work being performed. This can create challenges for organizations that must comply with prevailing wage rates, which are established by government entities and reflect the typical compensation for a given job in a particular region. Failing to comply with prevailing wage rates can result in legal penalties, so organizations must navigate this challenge carefully.

Which of the Following Challenges Does an Organization Face When