Which of the following statements holds true for the term, community wage level? a. It refers...
Which of the following statements holds true for the term, community wage level?
a. It refers to a structure for determining salary increases that encourages work that is less effective, less efficient, or both.
b. It refers to the standard range of wages paid at a location, usually across a city or a region.
c. It refers to the salary range a company sets for its employees, independent of the community wage level and wages as set by other, competing companies.
d. It refers to a low-paying post workers accept to gain valuable experience.
e. It refers to the measure of how long an employee has been laboring in an organization.
Homework Answers
Solution:
The statement that holds true for the term, community wage level is " It refers to the standard range of wages paid at a location, usually across a city or a region."
Hence option b is correct.
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