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Which of these is one of the problems of merit plans as recognized by compensation specialists? Money available for merit increases may be inadequate to
Which of these is one of the problems of merit plans as recognized by compensation specialists? Money available for merit increases may be inadequate to satisfactorily raise all employees' base pay. Employees motivation increases when merit pay increases are, at minimum, percent of base pay. Merit pay plans are independent of employee success. Strategic compensation policy must differentiate between outstanding and good or average performance.
Which of these is one of the problems of merit plans as recognized by compensation specialists?
Money available for merit increases may be inadequate to satisfactorily raise all employees' base pay.
Employees motivation increases when merit pay increases are, at minimum, percent of base pay.
Merit pay plans are independent of employee success.
Strategic compensation policy must differentiate between outstanding and good or average performance.
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