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Wage and Salary Administration
It is no secret that an important element of success in a business is the
productivity of people in the organization. erefore, it is important to
compensate people according to the marketplace and give them the right
incentives to make them more productive. No matter how hard man-
agement works, they cannot succeed unless they increase their leverage
by having people that report to them work eciently as well as they do.
Management must have the proper tools to ensure that people in every
part of the organization have the right pay and the right motivation to be
productive. Only then can they expect them to ...