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What is a short-term benefit for a company to regularly keeping wages low?

Employees find high job satisfaction.
Companies can expect a high turn-over.
Employees will become demoralized.
The company can keep costs to a minimum.

1 Answer

1 vote

Answer:

The company can keep costs to a minimum.

Step-by-step explanation:

This is the advantage that such a strategy would have for a company in the short-term. A company that regularly keeps wages low is likely to save money initially. However, this strategy is not a successful one in the long term. Such a company would most likely have employees who are unhappy or unsatisfied with their job. It would also lead to a high turn-over due to employees being demoralized.

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