How much information about pay should be communicated

Assignment Help Management Theories

Reference no: EM133691241

Question: Reword Reward systems elicit, reinforce, and maintain desired behaviors. They can be oriented to individual jobs, work groups, or organizations and affect both performance and employee well-being. In addition to traditional job-based compensation systems, the major reward systems in use today are pay for performance, skill-based pay, gain sharing, and promotions. When implementing a reward system, it involves decisions about who is involved when designing and administering it and how much information about pay should be communicated.

Reference no: EM133691241

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