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Recruiting an Effective Workforce

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1. Are long term incentives important to recruit and retain an effective workforce? Why or why not?

2. Why or why not should executives receive the amounts of pay they currently receive? Is it excessive or necessary to recruit the necessary talent to run major organizations?

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Solution Summary

1. Are long term incentives important to recruit and retain an effective workforce? Why or why not?

2. Why or why not should executives receive the amounts of pay they currently receive? Is it excessive or necessary to recruit the necessary talent to run major organizations?

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1. As noted by the United States Office of Personnel Management, "incentives and employee recognition are effective elements of hiring and retaining agency talent" (OPM, 2005). We can see this trend applied in the current scope of business and it has remain essentially unchanged for many years. Companies decades ago were offering long term incentives to employees just as they are today. The only exception that we saw to this was during the recession, when employers started to pull back the long term incentives that they offered employees due to a lack of cash. We are once again seeing where employers are ...

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