Question: Answer the following questions. 1 . How do differing perspectives affect our views of compensation? 2 . What is your definition of compensation? Which meaning

Answer the following questions.

1 .

How do differing perspectives affect our views of compensation?

2 .

What is your definition of compensation? Which meaning of compensation seems most appropriate from an employee's view: return, reward, or entitlement?

3 .

What are the four policy issues in the pay model?

4 .

What purposes do the objectives in the pay model serve?

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