Asked by Chloe Hicks on Jul 01, 2024
Verified
If an organization applies a general across-the-board pay raise, how does the wage-trend line change?
A) it moves the right
B) it moves upwards
C) it moves downwards
D) it reverses the direction of the slope
E) it moves to the left
Wage-Trend Line
A graphical representation of the direction and movement of average wages over time within a particular industry, sector, or geographical area.
- Gain insight into the purposes and constituents of efficient remuneration systems.
Verified Answer
RM
Rashunda MamboJul 08, 2024
Final Answer :
B
Explanation :
Applying a general across-the-board pay raise would increase the wages of all employees, and therefore move the wage-trend line upwards.
Learning Objectives
- Gain insight into the purposes and constituents of efficient remuneration systems.
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