The HR director at Clearwater Electronics has had negative feedback from employees about perceived inequalities in compensation among its company subsidiaries. While the HR director believes compensation is already consistent and fair, a review of the compensation and benefits packages will be conducted and shared with the employees. Which of the following statements gives the best reason for conducting and sharing the compensation assessment? It is important that employees see that their contribution is valued. It is important that employees see that something is being done because of their feedback. It is important that employees perceive they are being treated equitably. It is important that employees believe their opinions matter.
The HR director at Clearwater Electronics has had negative feedback from employees about perceived inequalities in compensation among its company subsidiaries. While the HR director believes compensation is already consistent and fair, a review of the compensation and benefits packages will be conducted and shared with the employees. Which of the following statements gives the best reason for conducting and sharing the compensation assessment?
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Compensation and rewards are paid to employees in exchange for the services delivered for the achievement of organizational goals. Employees devote their time, energy, skills, talent, and efficiency towards making reasonable contributions to objectives and also achieving their personal goals with the help of common organizational goals. These compensation and rewards serve as a motivating and satisfactory element for employees to boost their productivity and contribution. In order for employees to feel linked to their work for the organization as well as motivated for their efforts, compensation must be well planned. If an employee does not feel satisfied with the payments and benefits, he would not be able to explore skills and talent in the best favor of the organization.
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