You are the HR consultant for a firm with a high$-$performance work system. Because it is in a high$-$turnover industry, the firm wants to better match its HR practices with its workforce to retain its lower$-$wage workers. Unfortunately, the firm cannot afford incentive pay or profit sharing. What is your best recommendation?

Offer employees flexibility and other work$-$life benefits.

Use an open pay plan.

Tie executive pay to corporate social responsibility.

Institute cost of living adjustments.