if employers want to succeed in this competitive environment,they must have a well designed compensation plan to motivates employees,controls compensation costs,and ensures equity.why?
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if employers want to succeed in this competitive environment,they must have a well designed compensation plan to motivates employees,controls compensation costs,and ensures equity.why?
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Answer:
The cost of employee turnover increases as you move up employee levels. We encourage companies to invest in the employees they have. ... By providing competitive compensation and benefits, your company will have an easier time attracting and maintaining talent.