Suppose that Company A requires that its employees complete a time-consuming training sequence upon being hired. Providing this training is expensive for Company A so it does not want to lose employees its invested in. To entice employees to stay, Company A pays its workers above market wage. Which of the following models does this scenario illustrate?
a) the implicit contract model
b) the adverse selection of wage cuts argument
c) efficiency wage theory
d) the relative wage coordination argument
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose that Company A requires that its employees complete a time-consuming training sequence upon being hired. Providing this training is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Albert is the manager of a large retail store, with the authority to hire employees. the store does not have a specialized human resource executive, and albert himself conducts selection interviews.
Answers (1)
The strategic options to improve a diversified company's overall performance do not incluce which of the following categories of actions? A. Broadening the company's business scope by making new acquisitions in new industries. B.
Answers (1)
The three phases involved in the management of large projects are
Answers (1)
For what reason can a person receive a qualifying lump-sum distribution (lsd) without terminating employment
Answers (1)
The term opportunity loss or regret is most closely associated with:
Answers (1)
New Questions in Business
Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and there are 10 men in the culb, how many women are in the club?
Answers (1)
Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year.
Answers (1)
Jim Bob Airlines has one 57 seat plane. On its last five flights it had 44 passengers from MSY to DFW, 49 passengers from DFW to OKL, 36 passengers from OKL to TUL, 30 passengers from TUL to FWB, and 49 passengers from FWB to MSY.
Answers (1)
All of the following are stakeholders of a firm, except
Answers (2)
A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is $14 billion.
Answers (1)