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Address the perceptions of inequity

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Reference no: EM133044686

Employers should offer the types of compensation that recognize and motivate employees who work hard and contribute to the company's success. Some experts on compensation support the idea of full pay transparency meaning everyone in the company knows what each other is making. please answer the fllowing 2 questions.

1. 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?

2. What information should companies share with employees relative to the employee's personal pay determination and general policies regarding pay decisions? How should the needs of employees be addressed in these strategies?

Reference no: EM133044686

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