Question: An internally aligned pay structure has several positive consequences. Which is not a benefit of a good pay structure? a) Facilitates acceptance and understanding of
An internally aligned pay structure has several positive consequences. Which is not a benefit of a good pay structure? a) Facilitates acceptance and understanding of pay decisions between managers and employees. b) Encourages higher job performance due to employee motivation for striving for rewards. c) Creates an atmosphere of intense competition that cultivates higher turnover so that new employees come in with new ideas. d) Provides a clear pathway for career development for employees so that they seek internal promotion within the organization.
Rosie is trying to develop a good pay system for her start-up company that operates food trucks in the local tri-city area. She believes that there should be three different pay scales for the drivers, the cashiers, and the cooks of the trucks. Furthermore, after conducting an analysis of the market, she believes that cooks should be given pay ranges at higher levels than the truck drivers and cashiers. Based on these decision details, Rosies pay structure seems to achieve which pay system objective? a) compliance b) fairness c) customer interests d) quality
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
