Compensation: How Should Employees Be Paid?

IF YOU WANT TO ELICIT STRONG EMOTIONS from a group of workers, ask them about compensation. Everyone has an opinion about the subject, most of the time relating to something they believe their organization could be doing better. Yet certain aspects of compensation are shrouded in secrecy and discomf...

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Bibliographische Detailangaben
Hauptverfasser:	Mazin, Rebecca, Smith, Shawn
Format:	Buchkapitel
Sprache:	eng
Schlagworte:	Administrative law Business Business administration Business operations Business structures Commerce Commercial regulation Economic disciplines Economic regulation Economics Employee compensation Employee motivation Employees Employment Financial transactions Human resources Incentive plans Labor economics Labor regulations Labor time Law Management & management techniques Occupations Overtime Pay for performance Payments Personnel & human resources management Productivity incentives Salary Wage and hour regulation Wages Work hours Work schedules
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Zusammenfassung:	IF YOU WANT TO ELICIT STRONG EMOTIONS from a group of workers, ask them about compensation. Everyone has an opinion about the subject, most of the time relating to something they believe their organization could be doing better. Yet certain aspects of compensation are shrouded in secrecy and discomfort. Employees often fear requesting raises or are reluctant to ask questions about pay. Similarly, many managers hate responding to requests for raises or cannot answer even the most basic compensation inquiries. When compensation issues are not addressed head-on, they lurk behind the scenes and become sources of rumors, misinformation, and discontent.