Explain in detail how to establish a market-competitive pay


1. In 200 words or more, Explain in detail how to establish a market-competitive pay plan?

2. In 200 words or more, Should compensation adjustments be based on market movement, meritorious performance, or a combination of both?

3. Give an example of a successful cooperative strategy between two or more organizations, and discuss why you think it is effective..

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Operation Management: Explain in detail how to establish a market-competitive pay
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