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If a Pay System Is Not Based Upon Work-Related or Business-Related

question 31

True/False

If a pay system is not based upon work-related or business-related logic, it is probably best to not conduct a formal compensation communication program.


Definitions:

Equivalent Values

Items or amounts that are equal in value, function, or meaning.

Scheduled

Planned or arranged for a specific time or sequence of events.

Two-Month Intervals

Time periods that occur or are calculated every two months.

Floating Rate

An interest rate that changes over time with the market or along with another interest rate index.

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