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Are the three main elements of compensation systemsinternal consistency, market competitiveness, and recognizing employee contributionsequally

Are the three main elements of compensation systems—internal consistency, market ­competitiveness, and recognizing employee ­contributions—equally important, or do you ­believe that they differ in importance? If different, which do you believe is most important? Least important? Give your rationale.

 

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Compensation experts promote powerful compensation frameworks by meeting critical goals: internal consistency, market... View the full answer

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Yes, Recognizing employees contributions as it... View the full answer

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