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Example of an effective compensation practice-policy

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Write a short paper (500-750 words) defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Your paper will be graded on the following:

  • Definition of compensation;
  • Overview of compensation philosophy;
  • Critical components of a compensation strategy; and
  • Example of an effective compensation practice/policy.

This paper must be in APA format and no more than 15% of it can come from other sources.

Reference no: EM131438647

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