Discuss the Various Factors That May Influence an Organization's Compensation

question 23

Essay

Discuss the various factors that may influence an organization's compensation strategy.

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Definitions:

Classroom Contexts

The environment and circumstances within which teaching and learning occur, including the physical, social, and academic conditions.

Behavior Modification

The use of techniques based on learning principles to alter or change one's behavior.

Race, Culture

Social constructs and categories that encompass the shared characteristics, traditions, languages, history, and identities of different groups of people.

Ethnicity

A category of people who identify with each other based on shared attributes that can include culture, language, heritage, religion, and customs.