Main objectives of every compensation system


What should be the 3 main objectives of every compensation system?

What are 2 purposes for designing a "Pay for Performance" compensation plan?

What are 2 conditions necessary for a "Pay for Performance" compensation plan to be effective?

What are the 2 desired results of a performance appraisal?

What are 2 possible results of having an effective performance appraisal system?

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Operation Management: Main objectives of every compensation system
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