Question: Compensation is generally a complex issue for HRM and more so for organisations in attempting to ensure that it is seen as equitable or inequitable.
Compensation is generally a complex issue for HRM and more so for organisations in attempting to ensure that it is seen as equitable or inequitable. Compensation systems includes base pay, merit pay, short term and longterm incentives, recognition awards and attraction or retention awards. Describe the TWO processes that base pay is built upon and elaborate on incentive pay and rewards in your discussion.
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