Explain how can we tie compensation strategy to the general

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Question 1. How can we tie compensation strategy to general business strategy?

Question 2. What economic and legal factors should we consider in establishing pay levels for different jobs?

Question 3. What is the best way to develop pay systems that are understandable, workable, and acceptable to employees at all levels?

Question 4. How can we tie incentives to individual, team, or organization wide performance?

Question 5. In implementing a pay-for-performance system, what key traps must we avoid to make the system work as planned?

Reference no: EM13475906

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