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Author Question: As discussed in the book, the rationale for removing the secrecy surrounding salaries is that (Read 110 times)

londonang

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As discussed in the book, the rationale for removing the secrecy surrounding salaries is that
◦ they know salaries anyway, via the grapevine, but secrecy reduces confidence in the company.
◦ positive motivational consequences may occur if the pay system is well designed.
◦ consumers should understand that labour costs contribute greatly to retail prices.
◦ a more open pay policy will expose the inadequacy of the merit system.
◦ we should be honest with employees, and this is a good place to start.


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Marked as best answer by londonang on Nov 13, 2019

jointhecircus

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londonang

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Reply 2 on: Nov 13, 2019
YES! Correct, THANKS for helping me on my review


nathang24

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Reply 3 on: Yesterday
:D TYSM

 

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