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In the lecture video,we discussed two approaches to compensation systems wherein salary is determined based upon the job (Job-Based Appraoch) or it is determined based

In the lecture video,we discussed two approaches to compensation systems wherein salary is determined based upon the job (Job-Based Appraoch) or it is determined based upon the individual (Person-based Approach). Explain the differences between these two approaches. What are some ethical issues that may arise from these approaches to employee compensation? How might an employer minimize these implications

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