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Rynes Studies Workplace Myths

The people in business who are supposed to know most about employees actually seem to know surprisingly little, according to University Of Iowa researchers who surveyed nearly 1,000 human resources managers and executives. The survey participants, who averaged 14 years of experience in the field of human resources, were asked questions that tested their knowledge of basic aspects of employee performance. Many of them flunked, reported Iowa management professor SARA RYNES. One of the most widely held misconceptions was: employee surveys overestimate pay's true importance to workers. Nearly six in 10 survey respondents agreed -- and they were wrong. More than three decades of studies has revealed that employee surveys consistently underestimate the importance of pay in keeping employees motivated and productive, the researchers reported in the Academy of Management Executive Journal.

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