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Compensation strategy as a part of HRM and compensation policies.pptx
1.
COMPENSATION STRATEGY AS AN
INTEGRAL PART OF HRM
2.
SOME OF THE
MAJOR COMPONENTS Attract and retain talent. Motivation and performance. Equity and fairness. Cost control. Legal compliance. Alignment with business goals.
3.
COMPENSATION POLICIES Benefits.
Pay structure. Pay equity. Cost control. Performance management. Variable pay. Legal compliance. Communication. Pay for talent.
4.
ANY QUESTIONS?
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