This term refers to the minimum pay increase that employees view as a significant change in their compensation amount.

Question

Quizplus · Accepted Answer

The term "just-meaningful pay increase" refers to the minimum amount of pay increase that employees consider significant. It is the amount that would make a difference in their compensation and would be perceived as fair and reasonable. The concept is important for employers to consider when deciding on pay raises, as it can impact employee motivation and satisfaction.

This Term Refers to the Minimum Pay Increase That Employees