What is pay structure, HR Management

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Question 1 Discuss the elements of compensation package

Question 2 Describe the importance of employee satisfaction. Describe the link between employee satisfaction and compensation

Question 3 What is pay structure? Explain why it is necessary to develop a proper pay structure. Mention the factors to be determined and steps for developing pay structures

Question 4 Explain the components of wages. Explain employee participation in wage fixation

Question 5 Describe Cost-to-Company and list its components

Question 6 What is meant by strategy? Write a brief note on Strategic compensation planning


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