Employers Using a Lump-Sum Merit Program Will Need to Periodically

question 43

True/False

Employers using a lump-sum merit program will need to periodically increase base salaries in order for employees to keep pace with the cost of living or general market wages.

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Definitions:

Hypolimnion

The cooler, deeper layer of water in a stratified lake, lying below the warmer, upper epilimnion layer and not mixing with it.

Large Herbivores

Big plant-eating animals that feed predominantly or exclusively on vegetation, such as elephants, giraffes, and bison.

Biome

A large community of plants and animals that occupies a distinct region defined by its climate and ecosystems.

Supports

Acts or structures that hold or prop up, providing assistance or making an argument, position, or system more solid.