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What are the determinants of compensation?

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Question added by Adewunmi Akande
Date Posted: 2016/02/22

Contingent Factors(Paying Capacity, Legal Constraints etc.), Compensation Structure(Fixed Pay - V Pay; Individual - Team, Fin Reward - Non. Fin Rewards), Business Strategy, Compensation philosophy(External Equity, lead the market, Attract-Retain), Factors influencing Compensation(Approach, parity, Mix, Positioning, Paying ability),

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