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Compensation philosophy

Describe the compensation philosophy of Maersk and how the market influences this philosophy

Section One:

· Describe the compensation philosophy of Maersk and how the market influences this philosophy.

Section Two:

· Determine (decide) the value of salary surveys to an organization.

 

Section Three:

· Describe the advantages of discretionary benefits to Maersk.

APA format

 

………………….Answer preview………………………….

A compensation philosophy is an excellent statement, which keeps a document on the company’s program of paying employee benefits and bonuses. It has a primary aim of showing how a company values its employees. A compensation philosophy as well forms a framework to ensure consistency in the organizational production, while maintaining employee appreciation and recognition. Maersk is a Danish company………………………..

APA

594 words

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