Explain why it is important for organization pay model

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1. Describe the differences that exist between a lead pay-level policy and a lag pay-level policy. Why do some companies believe that it pays to pay differently?

2. Explain why it is important for an organization’s pay model to coincide with its strategic plan. Describe methods a company can employ to make sure this occurs.

3. You may deal with employees who work for various business and companies from time to time. Do you feel that an employee’s compensation plan affects how he or she behaves to one another and to his or her customers? Why or why not? If the compensation plan does indeed affect behavior, how can the plan be improved?

Reference no: EM132193290

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