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?

ACost-of-living

BTenure

CAutomatic

DMarket

Show Suggested Answer

Suggested Answer: D

by Dalene at Nov 22, 2023, 07:36 PM

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Arlette

5 hours 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

2 days 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

3 days 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

5 days ago

C) Automatic? That's like putting a band-aid on a bullet wound. This needs a more strategic approach.

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Deonna

1 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

4 days ago

C) Automatic adjustment could be a good solution to keep up with industry standards.

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Rozella

5 days ago

B) Tenure adjustment might not be enough to address the issue.

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An

8 days ago

D) Market adjustment is crucial to attract top talent.

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Glendora

11 days ago

A) Cost-of-living adjustment could help bridge the gap.

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Sina

1 months ago

I'm not sure. Wouldn't tenure adjustment be more fair to existing employees?

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Lacey

1 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

1 months ago

I agree with Juliann. Market adjustment makes sense to attract new talent.

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Juliann

1 months ago

I think the answer is D) Market.

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