When Is Not Paying Top Dollar to Hire the Highest

question 101

Multiple Choice

When is not paying top dollar to hire the highest quality candidates not always the best strategy?

• A) If the company cannot offer a comprehensive total rewards package
• B) If the company does not need top talent to meet its needs
• C) If the company is having business-threatening financial problems
• D) If the company has hired an abundance of top talent

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Definitions:

Par

The face value of a bond or stock, representing the amount the issuer agrees to pay at maturity (for bonds) or the value attributed to a share for accounting purposes.

Market Rate

The prevailing interest rate that is available in the marketplace for loans or investments of a similar risk level and maturity.

Present Value Tables

Tables that provide the factors required to calculate the present value of future cash flows or income.

Semiannually

Occurring or payable twice each year.