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"Compensation Tactics and Practices" Please respond to the following: Some industries appear to pay higher wages than...

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General Management

"Compensation Tactics and Practices" Pleaserespond to the following:

Some industries appear to pay higher wages than others, evenwhen measurable labor quality or the type of work they do seemssimilar. Use the Internet or the Strayer Library database toresearch one (1) company in a high and another in a low payingindustry. Next, examine the key differences in the inter-industrywage differentials (e.g., IT vs. Retail industry). You will thenneed to summarize your findings within your discussion post.

Discuss at least two (2) factors that you believe influenceinter-industry wage/salary differentials. Support yourrationale.

Answer & Explanation Solved by verified expert
4.3 Ratings (767 Votes)
Some industries appear to pay higher wagesWalmart is one of the biggest brands in the world in terms of retail and grocery store Walmart super market is very well known for playing very less to their employees and average pay for an employee is 10 per employee By having a very wide reach and availability of the supermarket across the globe walmart has been using this strategy to improve their profits as    See Answer
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