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What Is Meant by Context in the Process of Formulating

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What is meant by context in the process of formulating a total compensation strategy?


Definitions:

Intermittent

Occurring at irregular intervals; not continuous or steady.

Social Recognition

Acknowledgment or appreciation of an individual's presence, achievements, or status by others within a social or professional group.

Informal Acknowledgement

Recognition or appreciation of an individual's efforts or achievements in a casual, non-official manner.

Peer Recognition

The acknowledgment and appreciation of an individual's work or achievements by their colleagues and peers, often serving as a motivational tool.

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