Benefits and Challenges of New Pay

Solve china dataset issues with shared expertise and innovation.
Post Reply
Bappy11
Posts: 477
Joined: Sun Dec 22, 2024 9:30 am

Benefits and Challenges of New Pay

Post by Bappy11 »

New ideas bring about change. Implementing change is often difficult. New Pay not only has advantages, but also brings challenges for companies, as Nadine Nobile, Stefanie Hornung and Sven Franke know.

According to the New Pay initiators, one of the advantages is that New Pay develops a solution that is supported by many perspectives and will therefore probably have a higher level of acceptance than a system that is implemented in the company via a top-down approach.

In addition, participation in the development of a new remuneration system and the opportunity to south africa telegram data contribute to it can have an empowering effect on the employees of a company, since they are usually not consulted when the remuneration system is designed.

"This participation can trigger enormous motivation among the workforce and also lead to people becoming responsible for their own remuneration, because they understand what remuneration means and which criteria play a role," says Stefanie Hornung.
Post Reply