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What Are the Three Goals of Compensation Professionals

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What are the three goals of compensation professionals?


Definitions:

Traders

Individuals or entities engaged in the buying and selling of goods, services, or financial instruments, often acting as intermediaries in trade transactions.

Birthday Party

A celebration or gathering marking the anniversary of a person's birth.

Generalized Reciprocity

A form of exchange where goods or services are given without an immediate or specific expectation of return, often found in close relationships.

Negative Reciprocity

A form of exchange where parties aim to get more than they give, often associated with strangers or potential adversaries.

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