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In most modern organizations, the employment relationship has shifted from being life-long with career management provided by the organization into being more short-term with employees having to manage their careers as they move between multiple organizations with flatter organizational structures.
As a consequence, the role of compensation has become an important management tool for attracting, retaining, and motivating the talent needed to be competitive.
Discuss how e-compensation tools have the potential to transform the administration of existing compensation plans to better adapt to the dynamic demands of this evolving competitive landscape.
What is promotional Mix? Mention and explain the elements of promotional mix?
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