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6 November, 19:51

What is a short-term benefit for a company to regularly keeping wages low?

Employees find high job satisfaction.

Companies can expect a high turn-over.

Employees will become demoralized.

The company can keep costs to a minimum.

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  1. 6 November, 20:06
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    The company can keep costs to a minimum.

    Explanation:

    This is the advantage that such a strategy would have for a company in the short-term. A company that regularly keeps wages low is likely to save money initially. However, this strategy is not a successful one in the long term. Such a company would most likely have employees who are unhappy or unsatisfied with their job. It would also lead to a high turn-over due to employees being demoralized.
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