Which of the following is true of an employer who uses the first-quartile strategy of compensation?
A) The employer pays the employees above market levels.
B) The employers determine the pay independent of the market scenario.
C) The employer pays the employees below market levels.
D) The employer pays the employees on par with the market levels.

Question

Quizplus · Accepted Answer

The first-quartile strategy of compensation involves paying employees below market levels, but still ensuring that they are at least in the 25th percentile of the compensation distribution. This strategy is often used by employers who want to maintain costs but still attract and retain talent.

Which of the Following Is True of an Employer Who