Question: A major factor in retaining skilled workers is a companys compensation systemthe total package of rewards that it offers employees in return for their labor.

A major factor in retaining skilled workers is a company’s compensation system—the total package of rewards that it offers employees in return for their labor. Part of this compensation system includes wages/salaries. What wages or salaries will you offer for each job? Why did you decide on that pay rate?

Hint: Refer to Chapter

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