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Elaborate on the Link Between a Company's Pay Level Policy

question 37

Essay

Elaborate on the link between a company's pay level policy and its strategic mandate.


Definitions:

Challenges

are difficulties and obstacles that need to be overcome in order to achieve a goal or complete a task.

Manager

An individual in an organization responsible for controlling or administering all or part of a company or similar organization.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Performance Effectiveness

The measure of how well an individual or organization achieves their goals and objectives.

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