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?
O Tie executive pay to corporate social responsibility.
O Institute cost of living adjustments.
O Offer employees flexibility and other work-life benefits.
O Use an open pay plan.