In many institutions and organizations,pay ranges and even an individual's pay are open to the public and fellow employees.
A) This method is called an open system
B) This approach is standard in when using the Scanlon plan.
C) This approach is standard in the Improvement Plus Plan
D) Both A and B are correct.

Question

Quizplus · Accepted Answer

An open system in pay transparency refers to the practice where pay ranges and individual salaries are openly shared within the organization or with the public. This contrasts with closed systems where such information is kept confidential. The Scanlon Plan, mentioned in option B, is a gainsharing program that encourages employees to suggest efficiency improvements, which is unrelated to pay transparency.

In Many Institutions and Organizations,pay Ranges and Even an Individual's