Discuss why two restaurants in the same community might have different pay levels? Support your answer...

50.1K

Verified Solution

Question

General Management

Discuss why two restaurants in the same community mighthave different pay levels? Support your answer withexamples.

When you go looking for a job after graduation, whatsources do you expect to use? Why?

What do you think of realistic job preview? Would you bemore likely to choose a position where recruiters emphasized onlythe positive aspects of the job?

What kinds of signals can warn a manager that employeetraining may be necessary?

Do you think a person’s age and career stage evolvetogether? Why or why not?

Answer & Explanation Solved by verified expert
3.8 Ratings (419 Votes)
Discuss why two restaurants in the same community might have different pay levels Support your answer with examples Two different restaurants in the same community might pay their employees differently due to the following reasons Restaurants might be facing financial crises and hence could not pay more to their employees on the other hand restaurant who is financially strong might pay more The dividend payout ratio also affects the payment made to the employees Higher the dividend payout ratio less the pay and vice versa The retention policies for future expansion or other tasks also influence the pay giving capacity of the restaurant Higher the retention policy less the amount of pay For example    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students