Describe the process to establish base pay

Describe the process to establish base pay

Describe the process to establish base pay

In at least 200 words, describe the process to establish base pay.

Explain the incentives that companies use to attract domestic employees.

Considering international employees, describe the approach a company might use to determine base pay.

Discuss how these approaches may affect the objectives of international compensation policy.

………………………….Answer preview…………………..

Organizations use incentive packages resonating to the employee’s to create a good working environment, meet their career and personal needs. These incentives include (Lee, n.d): 1) Education, skilled employees often focus on career development, therefore, will choose employers providing academic scholarships………………………

APA

316 words

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