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Why is strategic compensation important for the long-term success of a company?

Why is strategic compensation important for the long-term success of a company? Provide detailed steps that company should take to create a long-term strategic compensation plan. The response should be at least 200 words in length.

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strategic  compensation.docx

Strategic compensation is very important for the long term strategy because it invests heavily in
human capital and hence the productivity of the human resources starts paying off heavily during...

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