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Human Resource Management 16th Edition by Sean Valentine,Patricia Meglich,Robert Mathis
Edition 16ISBN: 978-0357033852Human Resource Management 16th Edition by Sean Valentine,Patricia Meglich,Robert Mathis
Edition 16ISBN: 978-0357033852 Exercise 3
HR Competencies & Applications: Is It Better to Know?
Key Competencies: Critical Evaluation (Behavioral Competency) and Organization (Technical Competency)
Some experts on compensation support the idea of full pay transparency, whereby every employee in a company is allowed to know what everyone else is paid. Full pay transparency can work in two situations. First, if pay levels are based on rank and tenure (as in many union contracts and government agencies), then pay is not determined by performance or other factors. The second is when members of the organization can easily see how well everyone else is performing. The organizational culture and work environment must be appropriate for introducing full pay disclosure while maintaining collaboration and harmony within the work group.
-How should companies address the perceptions of inequity when they are not able to or willing to disclose individual worker pay levels within the organization? How would you feel if your employer announced that they plan to open the payroll records for everyone to see?
Key Competencies: Critical Evaluation (Behavioral Competency) and Organization (Technical Competency)
Some experts on compensation support the idea of full pay transparency, whereby every employee in a company is allowed to know what everyone else is paid. Full pay transparency can work in two situations. First, if pay levels are based on rank and tenure (as in many union contracts and government agencies), then pay is not determined by performance or other factors. The second is when members of the organization can easily see how well everyone else is performing. The organizational culture and work environment must be appropriate for introducing full pay disclosure while maintaining collaboration and harmony within the work group.
-How should companies address the perceptions of inequity when they are not able to or willing to disclose individual worker pay levels within the organization? How would you feel if your employer announced that they plan to open the payroll records for everyone to see?
Explanation
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Human Resource Management 16th Edition by Sean Valentine,Patricia Meglich,Robert Mathis
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