What it is used for in the context of your paysalary, Financial Management

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What it is used for in the context of your paysalary

A line manager in your company heard that the backbone of your company’s pay structure is something called a pay policy line (also called a market pay line). Please discuss in nontechnical terms that a line manager could understand, what a pay policy line is, how it is determined, and what it is used for in the context of your pay/salary structure?

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Financial Management: What it is used for in the context of your paysalary

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