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One of the major differences between modernization theory and Dependency Theory or World Systems Theory is:
Compensation System
An organized approach used by organizations to determine the pay structure and benefits provided to employees, including wages, salaries, and all kinds of rewards.
Performance Pay
Performance pay is compensation designed to reward employees based on their job performance.
Flexible Work Schedules
Work arrangements that allow employees to vary their arrival and departure times, and sometimes choose their work location.
Reward Strategy
A plan designed by an organization to recognize and reward employee performance, often incorporating both financial and non-financial incentives.
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