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New workers need a different compensation mix from the one that suited their seniors. Highly paid workers wish to put their pay in retirement funds to defer taxes while the younger ones may have high cash needs to support a family, buy a house or to finance their education.
Compensations can be separated
into 3 elements,namely direct monetary rewards, indirect monetary payments (i...
        
        
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New workers need a different compensation mix from the one that suited their seniors. Highly paid workers wish to put their pay in retirement funds to defer taxes while the younger ones may have high cash needs to support a family, buy a house or to finance their education.
Compensations can be separated
into 3 elements,namely direct monetary rewards, indirect monetary payments (i...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
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