Which of the following is true of employee benefits?
A. Employees have a thorough understanding of what benefits they have and what the
market value of these benefits is.
B. Employees significantly underestimate the cost and value of their benefits.
C. Employers do an effective job of communicating the cost and value of benefits to
their employees.
D. Employees, for the most part, are just not interested in their benefits.
E. Employers have very limited options for communicating information about benefits.
Research on the effects of two-tier wage plans found that:
A. lower-paid employees were less satisfied on average than higher-paid employees.
B. lower-paid employees were more satisfied on average than higher-paid employees
because they made comparisons with lower-paying alternatives for themselves.
C. lower-paid employees expected to be promoted into the second tier in a short time
span.
D. equity theory did not come into play for either group and neither group experienced
more or less job satisfaction than the other.
E. both existing employees and new employees have a similar pay rate.