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Compensation Management
Meaning Role and Concepts
Objectives of Compensation
Components of Compensation
Functions of Compensation
Factors Affecting Compensation
Different Forms of Compensation
Wage and Salary Structure
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Salary Structure
Factors Affecting Wage and Salary Structure
Preparation of Wage Structure
Wage Determination Process
Salary Administration
Rewards and Incentives
Labor Market
Job Evaluation
Compensation Policy
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wage and salary structure
Wage and salary structures provide wage rates for specific jobs and determine the relationships between these rates by combining the wage level, specific market pay rates and the job structure.