Connect compensation components to organizational strategy.Solut.pdf

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Compensation should be connected to organizational strategy. Total compensation includes base pay and incentives, with base pay being the primary and most important part of total rewards as it provides a regular salary. A competitive base pay is necessary to attract and retain talented employees.

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Connect compensation components to organizational strategy.
Solution
Total Compensation Component
Total Compensation is the primary component in a total rewards model. Essentially, total
compensation is made up of two primary parts, base pay and incentives.
Base Pay
Base pay is the first and most important component of a total rewards strategy. Most would agree
that a person

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