Describe Some Categories of Basis-For-Pay of Strategic Pay Systems

question 12

Essay

Describe some categories of Basis-for-Pay of strategic pay systems.

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Definitions:

Bylaws

Rules and regulations that govern a corporation’s internal management.

Affiliated Directors

Members of a company's board who have a relationship with the company outside of their directorship, potentially through business, family, or significant financial ties.

Business Contacts

Individuals or entities with whom a person or company engages for the purpose of conducting business or exchanging information.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, capable of owning property, entering into contracts, and being sued.