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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.
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What are the implications of management innovation in a banking industry
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