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The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want by Michael Irwin Meltzer, Louis A. Mischkind, David Sirota

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Chapter 3. Job Security

Let's begin our exploration of the policies and practices that facilitate employee enthusiasm with the concept of equity (i.e., the degree to which people believe their employer treats them with fundamental fairness). This can be addressed either from the point of view of individual employees (perceptions of treatment relative to others in the company) or the treatment of large segments of a workforce. Our focus is on the treatment of large groups, potentially an entire organization. For these purposes, equity refers to the collective treatment of workers relative to fundamental and generally accepted societal standards. Examples of such societal standards are a “living wage,” adequate non-wage benefits (such as medical ...

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