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What method of base pay would you recommend and why

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Question: XYZ Inc. is a small manufacturing firm with 50 employees located in Brampton, Ontario. The CEO has hired you as a consultant to advise her on a systematic way to determine base pay. What method of base pay would you recommend and why? Describe the main characteristics of this system.

There are three method of base pay which base pay (Job Evaluation, Market pricing, Pay for knowledge), performance pay(Individual performance, Group Performance, Organization performance), and indirect pay.

Reference no: EM132707924

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