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December 27, 2024

Describe reasons why companies adopt person-focused pay plans, and identify types of positions that lend themselves to these plans

Discuss the following issues involving person-focused pay plans:

• Detail various types of person-focused pay plans.
• Describe reasons why companies adopt person-focused pay plans, and identify types of positions that lend themselves to these plans.
• Describe advantages and disadvantages of person-focused pay plans. Give job-specific examples in your advantages and disadvantages.

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