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What are the four ways of increasing self-efficacy, proposed by Albert Bandura?
Compensation Scheme
a structured plan designed by organizations to determine and provide salaries, bonuses, benefits, and incentives to employees.
Target Based Pay
Target based pay is a compensation strategy that ties an employee's earnings directly to the achievement of specific performance targets.
Straight Line Pay
A compensation method where employees are paid a fixed salary or wage, without variations for overtime or performance.
Managers' Incentives
Incentives designed to motivate managers to act in the best interest of the stakeholders, often linked to performance metrics or company goals.
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