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    Human Resources Management - Pay Policy

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    Define pay policy. Which competitive pay policy would you recommend to an employer? Why? Does it depend on circumstances faced by the employer? If so, which ones?

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    https://brainmass.com/business/compensation-strategies/human-resources-management-pay-policy-590299

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    The content below has been written to get you started on this assignment. This has been written to help you with this particular problem and its use is limited as such. The content of the solution must not therefore be passed on as your own work for grading or commercial purposes. You can also use the listed resources to explore your topic further.

    A pay policy can be defined as the entire practices of an organization concerning the determination of how employees will be compensated for their working in the organization. In other words, it can be defined as a policy specifying the pay rates to be used in an organization to ...

    Solution Summary

    In this response, pay policy is defined. We will discuss which pay policies shall be followed by a company and whether or not it depends upon the circumstances faced by the company.

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