Identifying monetary and nonmonetary ways of cost saving


Assignment:

Q1. Companies focus heavily on cost-saving strategies to be competitive today. Identify both monetary and nonmonetary ways of cost saving that would be relevant to a compensation person’s job.
Q2. You supervise in a company that is a low payer relative to competitors. What things do you have control over to increase the likelihood that workers will feel fairly treated?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Cost Accounting: Identifying monetary and nonmonetary ways of cost saving
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