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A compensation policy that pays employees above the prevailing market average to attract and retain top talent is a:

AMatch Policy
BLag Policy
CVariable Pay Policy
DLead Policy

Explanation

A lead pay policy sets compensation above market averages to recruit superior candidates and lower turnover.

Exam Relevance
  • Topic: Compensation & Benefits
  • Subtopic: Pay Strategies
Submitted by: mcqstutor Team More Human Resource Management MCQs →

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