Which of the following best describes the inducements-contribution balance? The employer should entice job applicants to work for the company by promising contributions to a retirement plan and other benefits. The compensation provided to employees should benchmark the compensation given to other companies in the industry to remain competitive. The wages and benefits given to an employee should be greater than equal to the employee's current skills to motivate the employee to work harder. The knowledge, skills, abilities, and effort an employee brings to the workplace should be matched with appropriate compensation