To help with motivation, long-term productivity, and retention, firms with internal labor markets tend to offer all of the following except which of the following?
A) Efficiency wages.
B) Benchmark competitive wages.
C) Pay based on job seniority.
D) Internally based promotion systems.

Question

Quizplus · Accepted Answer

Firms with internal labor markets focus on internal promotions and seniority-based pay rather than benchmarking against external competitive wages.

To Help with Motivation, Long-Term Productivity, and Retention, Firms with Internal