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Once good people are hired, they need to be motivated to behave in ways that help the organization. This is where compensation enters the picture. Pay and other rewards should reinforce desired behaviors. They should make sure that what expected of employees, and what is measured in regular performance review, is consistent with what the compensation practices are doing.
There are several ways in reinforcing compensation in an organization. Firstly, compensation should be sufficiently attractive to make recruiting and hiring good potential employees possible. This is one of the best way or method to attract potential employees in the market...
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- How employees can be motivated to higher levels of performance by better compensation packages
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