How to formalized pay system, Other Subject

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How to formalized pay system

Discuss the below:

Maintaining High Performance

Performance Appraisals

Describe two different performance appraisal methods. What performance appraisal tool do you find to be the most effective? Why do you feel this way?

Maintaining High Performance
Pay Systems

Is it important for companies to have a structured, formalized pay system as opposed to a subjective method of supervisors determining individual pay increases? Why or why not?

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