Study Finds that Knowledge of Pay Process Can Beat Out Amount of Pay in Employee Retention, Organizational Effectiveness

@inproceedings{Mulvey2002StudyFT,
  title={Study Finds that Knowledge of Pay Process Can Beat Out Amount of Pay in Employee Retention, Organizational Effectiveness},
  author={Paul W. Mulvey and Peter V. Leblanc and Robert Lloyd Heneman and Michael McInerney},
  year={2002}
}
This article is based on some of the findings of a major research study just published by WorldatWork (formerly American Compensation Association) entitled The Knowledge of Pay Study: E-mails from the Frontline. Surveying more than 6,000 managers and employees in 26 major U.S. and Canadian organizations, the study found close connections between employees' knowledge of their organization's pay structure and their ability to align their own behaviors and goals to those of the organization… CONTINUE READING

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