An Important Implication of Merit-Based Pay: Impacts on Performance, Fairness, and Collaboration
An important implication of a merit-based pay system is its profound impact on employee behavior, organizational culture, and overall business outcomes. By incentivizing high performance, fostering fairness, and potentially shaping collaboration dynamics, merit-based pay presents a multifaceted landscape of consequences that warrant careful consideration. An important implication of a merit-based pay system is that it … Read more