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List and Explain the Three Basic Kinds of Compensation Decisions

question 29

Essay

List and explain the three basic kinds of compensation decisions. Give two examples of what is involved in making each kind of compensation decision. What is a job evaluation? Which kind(s) of compensation decisions are job evaluations directly related?


Definitions:

Long Term

Relating to or happening over a long period of time, often extending beyond a year.

Apologizing

Apologizing involves expressing regret or remorse for an action or statement that has caused harm or offense to another person, often with the intent to reconcile.

Business Messages

Communication conveyed through various formats, such as emails, letters, reports, or memos, intended for business purposes.

Indirect Approach

A strategy that employs subtlety and nuance in communication or action, avoiding direct confrontation or assertion.

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