Question Detail
Question
Which compensation policy aims to ensure that an organization's salaries/pay are above the prevailing market rates?
Correct Answer
Option C is the correct answer.
Detailed Explanation
Page 11 mentions the 'Policy of salary/pay leadership or lead the market policy' as one of the policies that guide compensation management. This policy implies paying above market rates.
Hint
Think about which term implies setting the standard, rather than following or meeting it.