Pay secrecy essentially is a policy which restricts the amount of information employees are provided about regarding what their co-workers are paid. Is there any benefits to have an open-book policy where all of the employees know exactly how much every other employee earns? Why or why not?
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Pay secrecy essentially is a policy which restricts the amount of information employees are provided about regarding what their co-workers are paid. Is there any benefits to have an open-book policy where all of the employees know exactly how much every other employee earns? Why or why not?
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- One reason employers might offer a particular employee benefit is to aid in recruiting certain types of workers. One example is a tuition reimbursement program to attract highly motivated employees. What other example of benefits are you familiar with that might be used to attract a particular type of employee? What types of employees are most attracted to these benefits?The venture capital firm is looking to finalize the compensation for the CEO. What factors should they consider in determining the CEO’s compensationDiscuss the importance of maintaining employee confidentiality during the recruitment process and how it can be managed during the various steps of the process.
- How would an organization determine the types of benefits that employees might want? What methods of collecting this information would be recommended for a company use if the goal is to enhance the employer's ability to attract and retain high-quality talent?Think of a specific job you might be asked to help fill by recruiting top-quality hires. Explain how you would go about it to ensure you are satisfying the request..how can organizations ensure transparency in their compensation practices while still maintaining confidentiality
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