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Question
We are reviewing Compensation Approaches and I need assistance with the below:
Think of a job. Imagine that the HR department was going to design a compensation approach for that job that was aligned with reinforcement, expectancy, and agency theories.
Describe the job, then describe a compensation approach for that job that aligns with all 3 theories.
Consider the following questions when writing your response:
What are the potential advantages of this plan?
What are the potential negatives of this plan?
What might be difficult in administering this plan?
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