Asked by Carmen LeMaster on May 12, 2024
Verified
Which condition tends to explain why jobs in the higher hierarchy positions of the public sector tend to be paid less than similar positions in the private sector?
A) a strong union
B) publicly visible salaries
C) the levels of indirect pay provided to senior public sector positions
D) a poor industry reputation
Higher Hierarchy
The upper levels within an organizational structure, typically involving roles with greater authority and responsibility.
Public Sector
The part of the economy that involves government agencies and departments and the provision of public services.
Indirect Pay
Compensation that is not paid directly as cash to employees but includes benefits and services such as health insurance, pensions, and paid time off.
- Recognize the variances in factors determining compensation between public and private sectors.
Verified Answer
Learning Objectives
- Recognize the variances in factors determining compensation between public and private sectors.
Related questions
For Public Sector Organizations,the Key Factor Determining Wages Is the ...
On-The-Job-Training Is an Example of ...
Consider an Apple Orchard Owner Deciding How to Incentivize His ...
Sam Jones Is the President of Apollo Finance,a Payday Lender ...
Which Variable in Executive Compensation Packages Accounts for the Majority ...