Organizations That Don't Align Corporate Values with the Dominant Values

question 184

True/False

Organizations that don't align corporate values with the dominant values of the society in which they operate may have difficulty keeping talented employees.

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Definitions:

Incentive Premiums

Additional payments or rewards offered to employees as an extra incentive to boost productivity, achieve targets, or enhance motivation.

Balance Sheet Approach

A compensation system designed to match the purchasing power in a person’s home country.

Culture Shock

The feeling of disorientation and discomfort that comes from encountering a culture with very different norms and expectations.

Wages and Benefits

The compensation given to employees for their labor including hourly or salaried pay and additional perks or advantages such as health insurance, retirement plans, and paid time off.