What you have learned about setting up a compensation

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Question: Contrast and analyze the following statements: Compensation systems today require advanced knowledge and are complicated to implement to a business setting. Compensation systems today are not complicated and only require a knowledge of how to organize the information to build an equitable pay system. Explain these statements and what you have learned about setting up a compensation system during this class. Be specific and list the key ingredients to preparing a compensation system.

Reference no: EM133641865

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