With regard to compensation programs,dissatisfaction can arise because employee needs are affected by
A)absolute rates of pay only
B)corporate culture
C)relative rates of pay only
D)job analysis
E)both absolute and relative rates of pay

Question

Quizplus · Accepted Answer

Employee needs are affected by both absolute and relative rates of pay. Absolute rates of pay reflect the amount of money an employee is paid, whereas relative rates of pay reflect how an employee's pay compares to that of others in the organization or industry. Dissatisfaction can arise if an employee feels that their pay is either too low in absolute terms or relatively lower than that of their peers, leading to feelings of inequity or unfairness. Therefore, both absolute and relative rates of pay are important considerations in compensation programs.

With Regard to Compensation Programs,dissatisfaction Can Arise Because Employee Needs