Question: Further Thoughts on Pay Systems: Organizations can have Open vs. Secret pay systems. Open pay systems fosters trust and commitment and forces managers to be

Further Thoughts on Pay Systems:

Organizations can have Open vs. Secret pay systems. Open pay systems fosters trust and commitment and forces managers to be fair administering pay systems. Secret pay systems leads to dissatisfaction with pay.

Then there is centralized vs. decentralized pay decisions. Centralized systems maximizes internal equity but doesnt handle external equity issues well. Decentralized systems are better for large, diverse organizations.

Add your thoughts on these topics and explain.

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