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BNY Mellon used its additional profits to increase entry - level pay levels rather than offering incentive pay such as merit increases or bonuses. What

BNY Mellon used its additional profits to increase entry-level pay levels rather than offering incentive pay such as merit increases or bonuses. What advantages of incentive pay was the bank forgoing?2. What HR-related goal might the bank meet by raising entry-level pay instead of paying a onetime bonus?

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The banks decision to increase entrylevel pay instead of offering incentive pay like merit increases or bonuses has both advantages and disadvantages Advantages of incentive pay Motivation Incentive p... blur-text-image
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