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Answer the following questions. 1 . How do differing perspectives affect our views of compensation? 2 . What is your definition of compensation? Which meaning

Answer the following questions.
1. How do differing perspectives affect our views of compensation?
2. What is your definition of compensation? Which meaning of compensation seems most appropriate from an employee's view: return, reward, or entitlement?
3. What are the four policy issues in the pay model?
4. What purposes do the objectives in the pay model serve?

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