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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?

© BrainMass Inc. brainmass.com September 23, 2018, 6:17 am ad1c9bdddf - https://brainmass.com/business/compensation-strategies/four-tenets-of-pay-models-588338

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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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This solution discusses four tenets of pay models.

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