If Possible What Is the Most Effective Way to Deal

question 2

Multiple Choice

If possible what is the most effective way to deal with your red-circled employees who are performing very well?

• A) Freeze their pay at their current level until salary scales catch up.
• B) Reduce their pay to the maximum of the job's pay range.
• C) Add temporary duties to their jobs that would justify their current pay level.
• D) Offer a buyout severance package.

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Definitions:

Articles of Incorporation

Legal documents filed with a governmental entity to legally document the creation of a corporation, outlining key details such as the company's name, purpose, and structure.

Limited Partnership

A partnership structure with one or more general partners who manage the business and assume legal debts and obligations, and one or more limited partners who are liable only up to the amount of their investment.

Limited Liability Partnership

A business structure that allows partners to have limited personal liability for the debts and actions of the partnership.

Business Organization

The structure of a company or entity, including its formation, operations, and management, and the relationships among its various stakeholders.