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The disadvantage of a compensation would be not receiving any kind or amount of compensation and you would not have anything in your hand.
The benefit would be in receiving an amount of compensation for any reason or purpose and having some usable amount in your hand that you can use for all of the necessary living expenses and any thing else that you would to choose to use the compensation plan amount for.
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What are the common Compensation Management practices in mining projects?
What are the common Compensation Management practices
What are the advantages and disadvantages of system management?
What is the Disadvantages of Management Information System?
Advantages and disadvantages of classical management theory?
Advantages and disadvantages of classical management theory?
What is compensation management?
Compensation management refers to a set of policies implemented by companies to ensure that workers are paid fairly. This is because salaries account for the majority of an organisation's expenditure.
Discuss the different employee compensation techniques highlighting advantages and disadvantages of each?
What are the employee compensation techniques
What has the author Joseph J Martocchio written?
Joseph J. Martocchio has written: 'Employee benefits' -- subject(s): Compensation management, Employee fringe benefits 'Research in Personnel and Human Resources Management, Volume 25 (Research in Personnel and Human Resources Management)' 'Strategic compensation' -- subject(s): Compensation management
What are the type of management in human resource management?
Staffing, performance, appraisal, compensation, and benefit
Challenge of compensation management in MNC?
Challenges of MNc
What can one expect to talk about when discussing compensation management?
When discussing compensation management, one can expect to go through the details of how to properly reward people for the amount of work they have done, or how to give them compensation for something that has hurt them in some way.
What are the advantages of compensation management software?
The advantages of compensation management software are managing compensation easily, assure data integrity, Increase insight with metrics, eliminate manager bias, and to maintain your best employees and avoid overpaying your worst employees.
What are the advantages and disadvantages of vertical management structure?
vertical management versus horizontal management
What are the disadvantages of a records management?
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