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As Organizations Seek to Determine the Effectiveness of Pay on Performance,the

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As organizations seek to determine the effectiveness of pay on performance,the huge pay package most CEO's of large firms received is justified with the performance of their firms.


Definitions:

Psychological costs

The mental and emotional strain or negative impacts experienced by individuals as a result of certain actions or decisions.

Care work

Labor performed in the service of others, often involving emotional, physical, and social support, such as childcare, eldercare, and healthcare.

Considered old

implies being regarded as aged or elderly, typically based on societal norms and perceptions about life stages and physical or mental capacities.

Implications

The possible effects, consequences, or outcomes that may result from specific actions, decisions, or events.

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