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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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