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I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
(Case: A zero wage increase again?)
# Assignment questions:
- What outcomes does Mark seem to want to achieve by addressing wages/rewards?
- Contrast the outcomes that might be expected in the following two scenarios:
a) Mark uses the process improvement savings to give a three per cent wage increase to all employees;
b) Mark uses the money currently available in the budget to give raises to Aaron, Simon, and Wesley only.
- As a consultant to Mark, would you advise him to give a raise to all, none, or the deserving minority? Explain your reasoning and how you would mitigate against possible outcomes.
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