Four tenets of pay models
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What are the four policy issues in the pay model? What purposes do the objectives in the pay model serve?
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This solution discusses four tenets of pay models.
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What are the four policy issues in the pay model? What purposes do the objectives in the pay model serve?
The four policy issues that must be ascertained when considering a pay model entail 1. Internal consistency, 2. External competitiveness, 3. Employee contributions, and 4. Administration of the pay system. It's imperative for a company to ...
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