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Devon is a newly hired manager of the finance division of a small organization. He is tasked with deciding how much of his payroll budget
Devon is a newly hired manager of the finance division of a small organization. He is tasked with deciding how much of his payroll budget he will use for salary increases this year. He asks you, the director of HR for advice. What is the best advice for Devon?
Be sure to consider what money will be needed to reward you for successful plan administration.
Be sure to consider what overhead costs are needed to implement the incentive plan:
Be sure to consider the money needed to offer pay incentives for everyone in your group.
Be sure to consider the money needed for rewarding exceptional performance throughout the year.
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