31.32

Internal factors that help determine the wage mix paid by a company are: O The compensation strategy of the organization and the conditions of the labor market Conditions of the labor market and area wage rates O Employees' relative worth and the worth of their job O The compensation strategy of the organization and cost of living and area wage rates Question 32 A company's wage mix is partly determined by pay of firms which compete in the same labor market O pay of product market competitors prevailing wages O the firm's financial condition and ability to pay O all of these significantly influence a firm's pay level

Internal factors that help determine the wage mix paid by a company are: The compensation strategy of the organization and the conditions of the labor market Conditions of the labor market and area wage rates Employees' relative worth and the worth of their job The compensation strategy of the organization and cost of living and area wage rates Question 32 A company's wage mix is partly determined by pay of firms which compete in the same labor market pay of product market competitors prevailing wages the firm's financial condition and ability to pay all of these significantly influence a firm's pay level