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Worldatwork Exam GR1 Topic 2 Question 64 Discussion

Actual exam question for Worldatwork's GR1 exam
Question #: 64
Topic #: 2
[All GR1 Questions]

If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

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Suggested Answer: D

Contribute your Thoughts:

Arlette
1 months ago
Wait, is this a trick question? I feel like I'm being asked to play 'Guess the Compensation Strategy.'
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Devora
1 months ago
Wow, this is a real head-scratcher! Time to put on my thinking cap and channel my inner economist.
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Justine
1 months ago
A) Cost-of-living? Really? That's hardly going to address the root issue of a pay discrepancy. D) Market is the way to go.
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Paul
1 months ago
C) Automatic? That's like putting a band-aid on a bullet wound. This needs a more strategic approach.
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Paola
3 days ago
D) Market
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Kenny
10 days ago
B) Tenure
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Billye
1 months ago
A) Cost-of-living
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Deonna
2 months ago
B) Tenure adjustment? Nah, that's not gonna cut it. We need to stay competitive with the market rate.
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Dean
1 months ago
C) Automatic adjustment could be a good solution to keep up with industry standards.
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Rozella
1 months ago
B) Tenure adjustment might not be enough to address the issue.
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An
2 months ago
D) Market adjustment is crucial to attract top talent.
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Glendora
2 months ago
A) Cost-of-living adjustment could help bridge the gap.
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Sina
2 months ago
I'm not sure. Wouldn't tenure adjustment be more fair to existing employees?
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Lacey
2 months ago
D) Market adjustment seems like the logical choice here. Gotta pay what the market demands to attract quality talent.
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Jaime
2 months ago
I agree with Juliann. Market adjustment makes sense to attract new talent.
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Juliann
3 months ago
I think the answer is D) Market.
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