Develop a compensation policy to correspond to its dynamic

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Reference no: EM133462817

Note: Students will be responsible for reading all assigned materials in advance, thinking about the material, and posting in the Canvas class
discussion every week. There will be a total of three responses required for each discussion question posted.
• The first response will be in response to the initial questions asked. This response must be a minimum of 300 words and use at
least one outside source in the answer and one book resource from class. This must be answered by Wednesday of the
corresponding week.
• The second and third response will be to a peer's responses or instructor's response. This response must be a minimum of 150
words. These must be answered by Sunday of the corresponding week.

Question: Tomax Corporation has 400 employees and wishes to develop a compensation policy to correspond to its dynamic business strategy.
The company wishes to employ a high-quality workforce capable of responding to a competitive business environment. Suggest
different compensation objectives to match Tomax's business goals.

Reference no: EM133462817

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