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The CEO and other executives of a rapidly growing startup firm want to develop a formal pay system that recognizes employees for performing well and

The CEO and other executives of a rapidly growing startup firm want to develop a formal pay system that recognizes employees for performing well and encourages retention. What is the most effective strategy for achieving these? : 1. range spreads, 2 rate ranges, 3. job evaluations, 4. compesnable factors. 5pay grades

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