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Author Question: Wage discrimination occurs when people are paid different salaries based upon: a. education. b. ... (Read 27 times)

Mimi

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Wage discrimination occurs when people are paid different salaries based upon:
 a. education.
 b. ethnicity.
 c. willingness to work.
  d. talent.

Question 2

Why do firms opt for internal labor markets when they may be able to find more candidates with necessary qualifications outside?



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Shshxj

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Answer to Question 1

b

Answer to Question 2

In a firm where team production prevails and employer-specific human capital is important, the classification of workers into job slots reduces the costs of evaluating productivity and adjusting pay. Such a firm may choose to promote persons through an internal labor market rather than considering outside candidates. An internal labor market facilitates comparisons between candidates for a promotion. Unlike outside applicants, their on-the-job conduct can be easily observed and their records are kept as part of ordinary company business.




Mimi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


AmberC1996

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Reply 3 on: Yesterday
:D TYSM

 

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