Asked by
Silvia Adauto
on Nov 03, 2024Verified
Which of the following is a potential outcome of wage-rate compression?
A) increased motivation
B) low employee morale
C) decreased employee theft
D) lower absenteeism
Wage-Rate Compression
Compression of differentials between job classes, particularly the differential between hourly workers and their managers.
Employee Morale
The overall outlook, satisfaction, and confidence that employees feel towards their work and workplace environment.
Absenteeism
The habitual or frequent absence from work or duties without good reason, which can impact organizational productivity and morale.
- Grasp the strategic elements in setting compensation structures and managing wage compression challenges.
Verified Answer
FG
Learning Objectives
- Grasp the strategic elements in setting compensation structures and managing wage compression challenges.