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What are the main differences between the minimum pay regulations in the United States (J.J. Martocchio, Strategic Compensation) : A human resource management approach and

What are the main differences between the minimum pay regulations in the United States (J.J. Martocchio, Strategic Compensation) : A human resource management approach and one other countrys practices discussed in the same book (chapter 2)?

How do these differences affect companies ability to compete with other companies worldwide?

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