Answer to Question #241541 in Management for swetha

Question

Question

For Viti Solutions to fulfill its commitment, several staff may receive higher pay rises compared to the others. Based on this scenario, critically discuss this impact on the organization’s current approach to performance management and recognition for employees who may not benefit from such pay rises? Evaluate your discussion with real or hypothetical PICsexamples.

Answer 1

Adding a federally mandated cost in the increased minimum wage to some of the employees while favoring others would lead to longer unemployment, reduced work hours or hiring, and increased layoffs for low-wage workers as businesses balance reduced revenues increased costs.