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The Authors Argue That a System of Flexible Compensation Could

question 44

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The authors argue that a system of flexible compensation could lead to more desirable employee behaviors at a lower total cost.


Definitions:

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Cognitive Needs

Psychological requirements for knowledge, meaning, and understanding, driving individuals to seek information and engage in intellectual activities.

Esteem Needs

A higher-level psychological need pertaining to gaining the respect, status, recognition, and self-esteem one desires.

Incongruent Self-Concept

A state where there is a mismatch between one's self-perception and the reality of one's attributes or experiences.

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