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Compenesation and benefits

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What is control point, what procedure can be used to establish a control point? APA format.

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Solution Summary

The response addresses the queries posted in 347 words with references.

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The response addresses the queries posted in 347 words with references.

//Before writing about the importance of control in the compensation and benefits system, we will discuss about the 'control point'. It will assist in understanding the control point and compensation strategy of an organization. Then, we will discuss about the procedure that can be used for establishing a control point in the compensation system of an organization.//

Control Point

Control point is an effective measure for evaluating the advancement in the compensation and salary programs of an organization. It refers to the maximum salary provided to an ...

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