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Write a short paper 500-750 words defining compensation

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Write a short paper (500-750 words) defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Your paper will be graded on the following:

Definition of compensation;
Overview of compensation philosophy;
Critical components of a compensation strategy; and
Example of an effective compensation practice/policy.

This paper must be in APA format and no more than 15% of it can come from other sources.

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Business Management: Write a short paper 500-750 words defining compensation

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