Solved: Strategic approach to manage compensation, HR Management

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Strategic approach to manage compensation

Question 1. Organization's strategic approach to managing compensation is?

Question 2. What is the advantage of pay-for-performance versus a pay-for-time approach? Can the pay-for-performance be used in a union environment? If so, what are some potential problems that may arise?

Question 3. What are the advantage and disadvantage of an appraisal done by the customer? Provide some specific examples.

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HR Management: Strategic approach to manage compensation

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