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What is Globalization about?

Globalization has impacted compensation in three key ways: 1. It has created interconnected global supply chains and increased cultural assimilation, leading people to demand better compensation globally. 2. Companies have outsourced jobs to lower-cost countries like China and India to save costs, but this has led native workforces in other countries to demand higher wages to maintain wage parity. 3. Globalization has rapidly increased executive compensation through two channels - increasing market ret

Author

vineelakovvuri

Language

EN