Define the concept of seniority and merit pay plans

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Define the concept of seniority and merit pay plans, including the strengths and limitations of such plans within an organization. Discuss the job, organizational and/or other factors that should be considered when deciding between the two. Respond to at least two of your fellow students' postings.

Attachment:- Strategic Compensation-Merit Pay.rar

Attachment:- Strategic Compensation-Seniority and Longevity Pay.rar

Reference no: EM132509800

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