Describe the two market challenges in deciding employee pay

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Problem: Now that your teams are established, you're going to put them to work in this discussion. Divide the work as you see fit as the group. Make these decisions quickly so you can meet the deadline. Answer the following questions in one post by the group leader with each contributing member's name included at the top of your post. Be sure to check for flow, voice, and ensure all of the questions asked are answered, cited, and complete. Group work comes with many communication challenges. By now, you should have all met and determined how to communicate. If not, start there. As we've discussed some this term, pay is important. It's becoming more and more important in a tight labor market. Pay is not the primary motivating factor for many, however, unless your organization has a significant culture, work-life balance, or location advantage, pay is going to be pivotal in your ability to compete for talent moving forward. Also, don't forget to take into account the current phenomenon that is working remote. Answer the questions below. Describe the two market challenges in deciding employee pay identified by Noe et al. (2022).

Reference no: EM133620395

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