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Internal Equity and External Competitiveness Paper - HRM 423 UOP
Monetary and Non-Monetary Compensation
Abode Clothing is a small business in the beginning stages of what may be one of the most successful retail stores ever. In that the company is rather small there are not many outstanding was to compensate employees other than their base pay and commission. Employee's base pay is determined by the utilization of the compilation of average salaries and market data, inflation indicators, and cost of living indicators. Employees are also paid commission for the number of sales made each day. (HR-Guide, 2000).
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