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Method of establishing base pay

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Reference no: EM133135891

1. What specific managerial strategy is being employed at Pfizer? Explain why this strategy is the best fit for this firm and why the other two strategies do not fit.

2. What method of establishing base pay do you think is best suited for the jobs at Pfizer and why?Explain the advantages and disadvantages of this method.

3. What are some steps in developing the method you described in question B above? Please explain in detail and provide specific examples as to how they relate to Pfizer.

4. What type of performance pay plans do you think Pfizer is utilizing? Explain its relation to the managerial strategy you identified in question A above.

Reference no: EM133135891

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