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Human Resources Essay

Equity vs. Equality and Merit in Compensation
Whereas, the principle of equity is important in an organization, because individuals feel more comfortable and attached to groups of people if they feel that they will be looked after, cared for and treated according to their expectations, with their needs being met, there is also a need to provide equal opportunity and equal treatment. 
Pages: 11 (2750 words), Essay
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Efficiency and Effectiveness in Relation to Pay Systems
According to Mankiw and Taylor (2008), efficiency in pay systems often means that organizations pay their employees more wages than the market- clearing wage with an intention of boosting their productivity. Therefore, since workers are paid more wages than the equilibrium wage, the unemployment rate is going to increase
Pages: 9 (2250 words), Essay
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