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The document discusses compensation in human resource management, defining it as the remuneration awarded to employees for their contributions and detailing various types of compensation, including base pay, bonuses, and benefits. It outlines the importance of a well-structured compensation plan for attracting talent and enhancing employee motivation, while also identifying internal and external factors that influence compensation decisions. Additionally, it covers different compensation approaches and theo

Author

Iyasu Etefa Itika

Language

EN