Business Studies, asked by loretamoyo5, 5 months ago

effectiveness of using base pay as a compensation strategy

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Answered by Niharika450

Answer:

An effective compensation strategy motivates current employees and is used as a tool to attract new ones. This includes the cost of health benefits, retirement benefits, tuition reimbursement, bonuses, or any other non-salary benefit that is considered part of a total compensation package.

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