Multiple Choice Questions on Why are mid term salary hikes more prevalent in certain industries ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Why are mid term salary hikes more prevalent in certain industries ........

Business Studies (CUET) STAFFING
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    Why are mid-term salary hikes more prevalent in certain industries?
    To enhance product qualityIncorrect Answer
    To retain talentCorrect Answer
    To reduce work hoursIncorrect Answer
    To compete with market pricesIncorrect Answer
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    Explanation:

    The intense competition and high attrition rates in industries like IT and BPO force companies to offer mid-term salary hikes to retain their top talent.

    By: Parveen Bansal
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