This case discusses the concerns associated with having a formal base pay system, and communication issues that
Question:
This case discusses the concerns associated with having a formal base pay system, and communication issues that occur. (For the case, go to www.cengage.com/management/mathis or visit the instructor companion website.)
1. What role does equity play in this case?
2. Should companies demand that individuals not reveal their salaries? Why or why not?
3. Comment on the salary system and weaknesses you see in it.
4. As the director, how would you handle Fred?
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1 The equity theory states that individuals judge fairness equity in compensation by comparing their inputs and outcomes against the inputs and outcom...View the full answer
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Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
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Related Book For 
Human Resource Management
ISBN: 1117
15th Edition
Authors: Robert Mathis, John Jackson, Sean Valentine, Patricia Meglich
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