Wegmans has a reputation for paying higher than the prevailing wages in its industry.This is an example of a(n)____ decision by its management.
A) wage-structure
B) wage-level
C) wage-evaluation
D) incentive
E) benefits

Question

Quizplus · Accepted Answer

The decision by Wegmans to pay higher than the prevailing wages in its industry relates to the level of wages the company has established for its employees, hence making it an example of a wage-level decision made by its management. A wage-structure decision pertains to the specific way wages are organized among jobs or positions within a company, while wage-evaluation decisions relate to how performance and skills of employees are assessed and translated to their compensation. Incentive decisions involve the creation of reward programs to motivate and encourage employee performance, while benefits decisions pertain to the non-wage aspects of employee compensation such as health insurance, vacation, and retirement plans.

Wegmans Has a Reputation for Paying Higher Than the Prevailing