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Employer's Financial Impact on Employee Compensation Quiz

Test your knowledge on the employer's ability to pay and its impact on employee compensation. Discover how an employer's financial capabilities affect the pay rates and learn why employees may choose to work elsewhere if their salary is not competitive.

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@FreshestNovaculite
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Questions and Answers

Which factor can determine pay rates for employees?

The employer's ability to pay

What happens if an employer cannot pay the employee what they can get elsewhere?

The employee will work elsewhere

What is the relationship between an employer's ability to pay and employee retention?

Lower ability to pay leads to higher employee retention

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