Reference no: EM133264008

Mark the owner of a large retail store must decide how to manage the upcoming wage review process. He has a few options option one he can offer wage increase to all employees. However, this will benefit some underperforming employees option to he can offer wage increase only to those employees who added value. However, this may result in angry backlash from employees who do not receive wage increases option three he can maintain a wage freeze for all employees and put any cost saving towards process improvement rather than compensation as a consultant to Mark, would you advise him to give a raised to all option one to those who added value option, two or two non-option three explain your reasoning with insights and theories. The best response will compare and contrast multiple theories and making recommendation.