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Explain which types of compensation you would reduce

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Reference no: EM13875053

Compensation in Tough Economic Times During an economic recession companies are under pres- sure to reduce costs, and a significant part of total cost for most companies is salaries and wages, including both executive compensation and employee compensation.

Required: Review the types of compensation we have covered in this chapter and explain which types of compensation you would reduce if needed to help a company through difficult economic times.

Reference no: EM13875053

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