Asked by Hussain Khudair on May 18, 2024
Verified
Which of the following refers to the extent to which the compensation of any individual in an organization is formally made available to other individuals?
A) Wage and salary administration
B) Pay secrecy
C) Pay inversion
D) Pay compression
Pay Secrecy
Policies or practices that discourage or prohibit employees from discussing their salaries with co-workers.
Wage and Salary Administration
The process of organizing and managing employee compensation based on job roles, experience, and performance.
Pay Inversion
A situation where a more junior employee ends up making more money than their more senior counterparts, often due to market rate changes or hiring practices.
- Understand the significance of pay transparency and confidentiality and their impact on organizational behaviors.
Verified Answer
Learning Objectives
- Understand the significance of pay transparency and confidentiality and their impact on organizational behaviors.
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