Behemoth Industries has experienced huge losses for the last three years due to collapsing sales of their outdated product line.Behemoth's stock has plummeted on Wall Street because it has not met projected profits for the 24th straight quarter.Behemoth has moved to a pure pay-for-performance system that is tied to achievement of organizational profit goals.Which of the statements below are most likely to be TRUE?
A) Only high performers at Behemoth can be certain that they will receive a pay increase.
B) No Behemoth employee can expect he/she will receive a pay increase, regardless of his/her performance.
C) All employees except those who are the worst performers can expect that they will receive a pay increase.
D) Behemoth will be able to attract high performing employees from its competitors.
Correct Answer:
Verified
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