Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Write down pay objective of two companies?
Expert Solution
Step 1
Wage and pay administration's major goal is to create and maintain an equal wage and compensation system. This one is due to the fact that only a well-designed pay system helps an employer to recruit, get, keep, and motivate employees of the requisite calibre and competence during his or her organisation. The Compensation and Benefits Pay Model assists managers in fundamentally designing and understanding the compensation structure for their employees.
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