As discussed in the book, the rationale for removing the secrecy surrounding salaries is that
A) we should be honest with employees, and this is a good place to start.
B) they know salaries anyway, via the grapevine, but secrecy reduces confidence in the company.
C) positive motivational consequences may occur if the pay system is well designed.
D) consumers should understand that labour costs contribute greatly to retail prices.
E) a more open pay policy will expose the inadequacy of the merit system.
Correct Answer:
Verified
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Q28: Discuss some of the potential problems of
Q30: One reason why merit pay plans are
Q31: A lump sum bonus is
A)a payment that
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