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Discuss the different types of compensation. When designing an incentive plan it is common to base it on the operating cash flow or EBITDA.

  1. Discuss the different types of compensation.
  2. When designing an incentive plan it is common to base it on the operating cash flow or EBITDA. What are the pros and cons of using this type of metric for an incentive program?
  3. How can a compensation method be used to assist with employee retention?

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