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By Paying Employees 5% Below the Base Pay Market,you Are

question 16

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By paying employees 5% below the base pay market,you are using what type of compensation policy?

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Definitions:

Organizational Socialization

The process by which new employees acquire the necessary knowledge, skills, and behaviors to become effective members of an organization.

Pre-employment

Pertains to the stage and activities involved in verifying the qualifications and suitability of a candidate before officially hiring them for a job.

Encounter

An interaction or meeting between people, often used in the context of customer service or interpersonal communication.

Organizational Socialization

The process through which new employees acquire the necessary knowledge, behaviors, and skills to become effective members of the organization.

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