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Suppose a company decides to increase employee salaries 40% above what they are currently earning. According to past examples, what is the most likely outcome?

Suppose a company decides to increase employee salaries 40% above what they are currently earning. According to past examples, what is the most likely outcome? The company sees an increase in layoffs and dismissals. The company must shut down because they can no longer afford the wages. The employees tend to work harder and smarter. The company transforms itself into one that offers options such as remote work, which saves on gas and commute time

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