What is the primary emphasis regarding overall pay and compensation according to Fayol's principle of 'Remuneration of employees'? |
Employee entitlement to high salaries Fairness to both employees and the organization Company's obligation to maximize profits Excessive remuneration for management |
Fairness to both employees and the organization |
The correct answer is option 2- Fairness to both employees and the organization. The primary emphasis regarding overall pay and compensation according to Fayol's principle of 'Remuneration of employees' is fairness to both employees and the organization.
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