After a Workforce Has Been Recruited and Developed, Managers and Human

question 140

Essay

After a workforce has been recruited and developed, managers and human resource management (HRM) professionals must maintain an effective workforce. In a short essay, explain the significance of an effective reward system to maintaining a workforce. Suppose you are the manager of a company. What kind of optional and mandatory benefits would you offer as part of your rewards package? What type of employee compensation system would you use? Why?

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Definitions:

Sonny Bono Act

A law that extends copyright protection terms in the U.S., formally known as the Copyright Term Extension Act.

U.S. Patent System

The governmental body responsible for granting patents in the United States, providing inventors exclusive rights to their inventions for a limited period.

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Describes a legal status granted to an invention that provides the patent holder with exclusive rights to use, make, sell, or distribute the invention for a certain period of time.

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