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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1487 |
Essay's paper body
This in turn creates a culture where longevity and loyalty become an integral part of the organization. Furthermore, as a benefit of longevity, experience and wisdom are also added to the cultural equation.
Compensations Effect on Organizational Performance
The overall performance of an organization is significantly affected by the compensation plans it offers to its employees...
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An organization which desires to hire only the best candidates in a particular field will need to offer a higher level of compensation than its rivals to be successful. Employees who are provided with some form of incentive pay "often try harder or get more creative than they might without the incentive pay" (Noe et al...
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