A ________ wage system is a wage system that pays newly hired workers less than current employees performing the same or similar jobs.
A) piece-rate
B) standard pay
C) back-loaded
D) two-tier

Question

Quizplus · Accepted Answer

A two-tier wage system is designed to pay newly hired workers less than current employees performing the same or similar jobs. This is often done in order to reduce labor costs and maintain competitiveness in the market. Older workers may resist such systems, but companies often view them as necessary to avoid layoffs and stay profitable.

A ________ Wage System Is a Wage System That Pays