Compensation management

Strategic Perspectives

Understand the concept of a compensation strategy, where it comes from, how it relates to the organization’s situation, and why the concept has value.
Illustrate the relationship between the pay system and each of the strategic issues discussed.
Realize there is not yet consensus on the concept of strategy.
Understand the difference between transactional and relational returns.
 

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Hi,

thans for the information on compensation but can u pls tell me when can the compensation management is proved to be "effective" (on basis of what)
 
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