Compose a 1500 words essay on Human Resource Management International Pay Systems. Needs to be plagiarism free!
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Conversely, there is evidence that paying workers bonuses based on organizational performance can markedly increase their effort and performance (Bateman and Snell 2004). Pay can thus be a powerful motivator in encouraging many workers to higher performance and greater growth. Nevertheless, effective pay systems–satisfactory for the worker as well as productive for the employer–are more the exception than the rule. External wage comparability is regarded as a means of achieving a degree of equity vis–vis other employees outside the employing organization. The assumption is that wages in the organization should be comparable to those outside it. The focus is on the going rates for comparable work with other employers.
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