Asked by Tyree McDonald on Jul 29, 2024

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Discuss some of the potential problems of merit pay plans.

Merit Pay Plans

Employee compensation plans designed to reward workers based on their performance and contributions to an organization.

  • Recognize and explore possible issues in merit pay schemes, and suggest measures to improve their success rate.
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Eriah MooreAug 01, 2024
Final Answer :
Low discrimination; small increases; and pay secrecy.