Qingyi works for a large technology company as an engineer. As an employee, why should he look at his company's financial statements?
A) to ensure that his job is secure
B) to see what his co-workers are making
C) to get a sense of how competitive companies pay their employees
D) to determine if his company needs his help to succeed
E) to establish reasonable expectations for salary and other benefit requests

Question

Quizplus · Accepted Answer

As an employee, Qingyi should use his company's financial statements to establish reasonable expectations for salary and other benefit requests. Just as firms experiencing record profits are likely to face added pressure to increase employee wages, so too are employees unlikely to grant employers wage and benefit concessions without considerable evidence of financial distress.

Qingyi Works for a Large Technology Company as an Engineer