Asked by Filippa Hansebo on Jun 19, 2024
Verified
Explain why organizations pursuing a high-involvement management strategy may find the notion of offering indirect pay to employees somewhat problematic and at odds with the principles of high involvement?
High-Involvement Management
An approach to management that emphasizes employee participation in decision-making and operational processes.
Indirect Pay
Compensation that employees receive indirectly, including various types of insurance, retirement benefits, educational assistance, and other non-wage perks.
Principles
Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.
- Comprehend the theory and usage of indirect compensation.
- Analyze the effectiveness of various pay systems in the context of organizational strategies.
Verified Answer
Learning Objectives
- Comprehend the theory and usage of indirect compensation.
- Analyze the effectiveness of various pay systems in the context of organizational strategies.
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