Consistent Compensation Policies Boost Firm Productivity and Worker Satisfaction
The article discusses the importance of keeping things consistent in how companies pay their employees. It uses a theory by Williamson as a basis and shows how this idea can help understand different issues in organizations. By looking at consistency, we can learn more about how firms set their limits and how they keep workers motivated. The research suggests that sticking to a consistent approach can improve how companies operate and keep their employees engaged.