An Organization's Total Compensation Mix Contains Three Elements

question 51

Essay

An organization's total compensation mix contains three elements. Explain base pay in relation to union impact.

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Definitions:

Variable Interval

A schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed.

Premack Principle

A theory that more probable behaviors can reinforce less probable behaviors.

Primary Reinforcer

A stimulus that satisfies basic survival needs and is naturally reinforcing, such as food, water, or sleep.

Secondary Reinforcer

A stimulus that has become rewarding through its association with a primary reinforcer, which does not inherently satisfy a biological need.