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What is a three level performance based compensation stucture and how does it apply to the...

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Operations Management

What is a three level performance based compensation stuctureand how does it apply to the 3 levels of administration (managers,vice presidents and CEO's)

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3 Level performance based compensation structure is based on the principle of directly linking the compensation paid to an employee based on the work performed by him or her There are 3 levels in which the performance gets divided Level 1 Level 2 Level 3 The incentives as well as hikes and bonuses are based on Level    See Answer
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