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What are the key components that determine compensation in an organization? What are the key components of an HR budget? Provide a definition of Total

  • What are the key components that determine compensation in an organization?

  • What are the key components of an HR budget?

  • Provide a definition of Total Rewards. Include what components make up a Total Rewards strategy and where it fits within the HR budget.

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1Compensation in an organization is typically determined by several key components Base Salary The fixed amount paid to employees on a regular basis o... blur-text-image

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