Discuss below in a 350 words:
Many would argue that if an employee receives a decent salary, he or she will be satisfied and remain with the organization. What are your thoughts on this statement? Does compensation motivate behavior? Do people join a firm because of pay? Do people stay in a firm or leave a firm because of pay? Do employees agree to develop job skills because of pay? Do employees perform better on their jobs because of pay? Provide examples to support your answer.
Reference:
Milkovich, G. T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill/Irwin.