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Effectiveness of a strategy

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When faced with recruitment challenges, a common response by firms is to increase pay level, an incentive that is somewhat easily competed away as other firms follow suit. How can the incentive effects of managing "pay mix" motivate job choice decisions? What is the influence of a given market (industry, geography, etc.) on the effectiveness of such a strategy? Based on the content of these chapters and outside reading, what is your opinion?

Reference no: EM133139736

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