Question: Question 2 [ 3 0 marks ] Read the fictitious scenario below and answer the question to follow: Compensation policy You are part of the
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Read the fictitious scenario below and answer the question to follow:
Compensation policy
You are part of the Human Resource Management team for Tabby Productions, based in Kimberely. Upper management has instructed that a new film department is needed to support the production of a new podcast format. As the HR manager, you need to assist in taking a strategic approach to designing the compensation system.
Source: Fictious scenario developed by the examiner.
Required:
As a Human Resource Management HRM practitioner for the team, identify and briefly explain ten objectives the new compensation policy should meet, explaining the value of each criterion and offering an illustrious practical example of how each
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