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Rewarding and recognizing employees

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Rewarding and Recognizing Employees

No matter the career, job, or industry rewarding employees is a big importance for Human Resources managers. Please answer the following questions on how this fashion firm can make sure they have a competitive compensation strategy.

1. What is the difference between direct compensation and indirect compensation? For this firm provide 2 examples this fashion firm can provide to their models, sales associates, and fashion designers.

2. There are many external factors to consider when determining compensation. Provide a summary of the external framework for how your HR department would create a compensation package for this organization.

Reference no: EM133181568

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