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Overview

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ChallengesandObjectivesofaCompensationand

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Equity

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FactorsDrivingIndividualCompensation

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TotalRewards

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DevelopmentofaBasePaySystem

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CompensableFactors

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JobEvaluationusingPointMethod

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DeterminetheMarketLinethroughPaySurveys

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PayStructure

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OpportunitiesandThreatsofJobEvaluation

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CompensationofBusinessGraduates

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CompensationofBusinessGraduates

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TypesofVariablePayPlans

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PieceworkSystems

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TargetBonus

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TypesofRelationshipsbetweenPerformanceand

VariablePay

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GroupIncentivePlans

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ConditionsforSuccessfulVariablePayPlans

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PayforOrganizationalPerformance

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EmployeeStockOptions

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TypesofBenefits

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ReasonswhyCompaniesofferBenefits

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FlexibleBenefits(CafeteriaSystem)