8.6k views
1 vote
Teno industries inc. is a manufacturing company based in texas. in the year after teno industries implemented a comparable-worth policy, its expenses increased, and as a result, profits declined. what difficulty of comparable-worth policies does this example illustrate?

User Samantha
by
8.4k points

1 Answer

5 votes
One of the difficulties of the comparable-worth policy is that, since it pays differing rates based upon the worth of the job to the overall importance of the business, it can put a company at a disadvantage when compared to businesses that only pay the base market rate for the same position. It can lead to, as shown in the example, increased expenses for the business.
User Nico Martin
by
7.9k points