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HRM CA | 07 Aug 2015, 09:00 AM Agree 0
When a major retail chain increased the wages of its lowest paid workers it thought it would boost morale but things haven’t quite paid off.
  • Joseph Cole | 07 Aug 2015, 01:35 PM Agree 0
    " Even if they are offered opportunities and programs that may in reality be more valuable than a wage increase, most workers would still rather receive the extra money, which is a tangible benefit, compared to benefits which may cost the employer more but are intangible"..
    Well that flies in the face of "total rewards"..
    Almost every skilled HR person with average 'compensation' knowledge or manager who has worked with front line staff should have been anticipatd the 'equity theory' here. Fairness is only "perceived as fair" when a reward is evenly distributed. No one wants to exploit the new worker and yet loyalty should be recognzied. I may have suggested Walmart consider a phase-in approach for all staff tieing financial increases to personal growth and business objectives.
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