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do you agree or disaggree and what do you like or dislike about the discussion. Joe should enhance his approach to paying the Grill's manager
do you agree or disaggree and what do you like or dislike about the discussion. Joe should enhance his approach to paying the Grill's manager by conducting thorough market research, establishing a competitive salary, and considering flexible compensation packages tied to performance. Seeking professional advice and investing in employee development could attract committed individuals. While Joe's previous method based on the former manager's salary might not be optimal, implementing a systematic approach and performance incentives could be more effective. Aligning with agency theory, Joe should look for a manager sharing his longterm vision, potentially even for ownership. Equity theory suggests considering local market conditions while complying with FLSA standards is crucial for fair compensation practices and legal compliance.
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