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Example of an effective compensation practice policy

Create a short paper (500-750 words) defining compensation, compensation philosophy, and critical components of a compensation strategy. Give 1 solid example of an effective compensation practice/policy.

• definition of compensation;

• overview of compensation philosophy;

• critical components of a compensation strategy; and

• example of an effective compensation practice/policy.

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Other Management: Example of an effective compensation practice policy

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Other Management: Example of an effective compensation practice policy

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