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Contents of Pay-Level Policies
Pay-Level Policies
- Market lead (75th percentile)
- Levels above market pay lines
- Best for differentiation strategies
- Market match (50th percentile)
- Pay according to market pay line
- Appropriate with differentiation strategy
- Market lag (25th percentile)
- Levels below market pay lines
- Best for lowest-cost strategies
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LO 7-4
Lecture Notes