Discuss the negative and positive aspects of such a policy

1. Some companies base promotions solely on seniority. Discuss the negative and positive aspects of such a policy.

2. Building on the discussion in Chapter 3 on minimum wage laws, how would you expect a large increase in the minimum wage to affect the pay package (mix between salary and benefits) offered by employers?

Text Book: Managerial Eco And Orgn Arc. By Brickley.

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