Which of the Following Is True of Companies with High-Performance

question 90

Multiple Choice

Which of the following is true of companies with high-performance HR systems compared to low-performance companies?

• A)incentive payments are lower
• B)sales per employee are higher
• C)employee turnover is higher
• D)market value to book value is lower

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Definitions:

401(k) Plan

A retirement savings plan sponsored by an employer allowing employees to save and invest a portion of their paycheck before taxes are taken out.

Maximum Contribution

The highest amount that can be contributed to a financial account or plan, such as a retirement account, in a given period, often with tax implications.

Roth IRA

is an individual retirement account allowing withdrawals on a tax-free basis, provided certain conditions are met, financed by after-tax dollars.

Coverdell Education Savings Account

A tax-advantaged savings account designed to pay for education expenses at both secondary and post-secondary levels.