Compensation System, business and finance homework help

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ygurhf

Business Finance

Description

"Compensation Systems" Please respond to the following:

  • Analyze the compensation professional’s goals to determine which would be the most difficult for you to realize. Discuss ways you might be able to overcome these difficulties.
  • Create a list of five best practices that any organization could use to leverage a compensation system for positive impact. Provide specific examples to support your response.

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Explanation & Answer

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Running head: COMPENSATION SYSTEMS

Compensation Systems
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COMPENSATION SYSTEMS

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Compensation Systems

Compensation is the reward that an individual receive after doing job. Compensation
professionals in an organization usually support operational compensational system by taking
into account three major objectives. One of the objectives is the internal consistency which helps
to examine how employees in an organization can be compensated. It involve...


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