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Q: What are 3 of the challenges companies face in developing compensation that are both internally consistent and market competitive?
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Competitive challenges of HRM?

Going Global Developing Human capital Embracing technology (Human resource information system) Managing Change Responding to the market Controlling costs


What are the main challenges faced HRM in a developing country?

There are around fifteen main challenges that face HRM in a developing country. Some of the main challenges are resistance by employers and employees, uncertainties, and inadequacies of information systems.


What processes are involved in compensation administration?

The compensation administration is charged with the task of developing and maintaining a comprehensive compensation and classification system. This is in order to support the mission of the Division of Human Services.


What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?

What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?


What are the challenges of census in developing countries?

socio-economic activity


The challenges facing managers in developing and implementing human resources strategies and how these challenges can be used as an opportunity?

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How can a manager overcome the challenges in developing new product?

Mangers can overcome the challenges of developing a new product. Once a manager has a dedicated, loyal and skillful team under them, they are sure to succeed at creating new products.


What are some challenges faced by developing counries?

economic growth, healthcare, and education


What are the challenges of using the Internet in developing countries?

Using the Internet in developing countries is greatly hampered by the high degree of poverty in developing countries. Not many people can access the Internet because it is expensive.


Competitive advantage of nations and its implications of implications on international business?

When businesses have a competitive advantage, then others will look to them to perform the work in international business. This will help improve the economies of developing nations.


How does one develop a compensation plan for injured workers?

People who are in-charge of developing a compensation plan for injured workers usually have to consider different factors such as: Injuries covered by the law like physical, mental, accidental, and occupational disease, who are covered by the worker's compensation law and what is the uninsured employers fund.


What is sensory compensation?

People who lose one sensation compensate with an enhancement of another sensation (like blind musicians developing perfect pitch)