Multiple Choice
Which of the following is an advantage of a lump-sum increase (LSI) plan compared with traditional raises?
A) LSI plans eliminate the need for annual adjustments of the pay matrix.
B) Employees are more satisfied with LSIs.
C) It heightens employees' awareness of what reward their performance merited.
D) It increases the compounding effect of succeeding raises on the employee's base pay.
Correct Answer:
Verified
Correct Answer:
Verified
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