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Author Question: If a person is to maintain a previous level of nominal wages, then a pay increase must be roughly ... (Read 50 times)

littleanan

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on: Jul 7, 2018
If a person is to maintain a previous level of nominal wages, then a pay increase must be roughly equivalent to the ________.
 
  A) cost of living increase
  B) industry average
  C) national average
  D) market rate

Question 2

What is a limitation of profit sharing plans?
 
  A) profit sharing plans are excessively costly
  B) employees have a difficult time understanding their particular contributions to company profits
  C) profit sharing adds recurring increases to base pay year over year
  D) profit sharing plans create unhealthy competition between employees


thall411

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


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