Which of the Following Is the Most Likely Reason Why

question 56

Multiple Choice

Which of the following is the most likely reason why employers should employ older workers?

• A) They adjust to new technology promptly.
• B) Older workers have extensive work experience.
• C) The rates of unavoidable absences are lower than those of younger workers.
• D) They have shorter tenures and hence lower pension benefits than younger workers.
• E) Older workers are flexible and learn quickly.

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Definitions:

Equal Pay Act

A law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.

Differential Piece Rate

A pay system where employees are paid based on the number of units produced or tasks completed, but the rate per unit can vary based on performance or production levels.

Standard Hour Plan

A compensation strategy that pays workers extra for work done in less than a predetermined standard time, encouraging efficiency and productivity.

Merit Pay Plan

A compensation strategy that adjusts an employee's pay based on their performance, aiming to incentivize higher levels of productivity and achievement.