If Pay Systems Are to Accomplish the Objectives Set for Them,ultimately

question 57

Multiple Choice

If pay systems are to accomplish the objectives set for them,ultimately they must be perceived as:

• A) adequate and equitable.
• B) generous and timely.
• C) immediate and fair.
• D) relevant and competitive.

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Definitions:

Human Brain Modularity

The concept that the human brain operates through distinct regions or modules that specialize in different functions.

Heuristics

The brain’s low-energy mental shortcuts for making decisions. They are “fast and frugal” and work well in most situations but in other situations result in systematic errors.

System 1

This refers to a concept in psychology, specifically in the dual-process theory of thought, where System 1 is the fast, instinctive, and emotional way of thinking.

Availability Heuristic

A cognitive bias where individuals rely on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.