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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 575 |
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These examples relate to the equity theory because the employees would be comparing themselves to coworkers within the same organization and expect to be paid equally. An organization must be clear and explain to the employees the process in which the compensation strategy was developed and make sure that procedural justice is optimistic...
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Pay secrecy within organizations with different geographical locations would help decrease both unsatisfied employees and the turnover rate.
Pay secrecy may also allow organizations attract candidates with higher education and more skills. A manager may be able to offer higher pay without considering both the current pay structure and if other employees will have conflict with paying a new hire a higher salary...
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