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| Topic: |
Business
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| Number of pages / Number of words: |
21 / 5862 |
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This might lead to continuous increasing turnover. Turnover is already high.
? The current reward system is not based on performance, but on cost of living increases, seniority and position. This system does not support the new sales team philosophy. Levels of rewards distributed to employees are not perceived as fair and just...
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This system does not support the new sales team philosophy. Levels of rewards distributed to employees are not perceived as fair and just. The system does not take into consideration the concept of equity theory. "Equity theory, similar to expectancy theory, considers employee perceptions (versus objective reality) to be critical to one's motivation for achieving fairness" (Dreher & Dougherty, 2001)...
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