Asked by Juliana Gallego on Jul 13, 2024
Verified
Employers can maximize satisfaction with pay by involving employees in pay system design.
Pay System Design
The process of constructing compensation structures and policies that ensure equitable and competitive salaries for employees.
Satisfaction
A state of contentment or happiness experienced when an individual's needs, desires, or expectations are fulfilled.
- Recognize the importance and impact of involving employees in pay system design.
Verified Answer
MB
Muhammed BamneJul 14, 2024
Final Answer :
True
Explanation :
When employees are involved in the design of pay systems, they are more likely to understand the rationale behind the pay structure, feel that their pay is fair and just, and have greater job satisfaction. This can lead to increased motivation, engagement, and productivity.
Learning Objectives
- Recognize the importance and impact of involving employees in pay system design.
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