Question: Your assignment is to write 3 paragraphs defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective

Your assignment is to write 3 paragraphs defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Your paper will be graded on the following:

  • Definition of compensation
  • Overview of compensation philosophy

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