Pay For Performance

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Wallace C


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November 13, 2016








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In particular the work /life benefits which “increase employee perceptions of the company’s caring attitude” (Milkovich & Newman). The company believes that the employee’s private and professional life should have a good balances and therefore is willing to support employees who wish to take an active part in the life of the community or by assuming responsibilities in professional or voluntary organizations during working hours (Nestle, )...
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Nestle also establishes a compensation practice taking into account relative external compensation levels as well as the requirement of internal fairness or distributive justice in which the employee perceives the amount of compensation as fair (Milkovich & Newman,). In addition, Nestle leads the market trend in order to “maintain in its absolute level of benefits relative to the competition” (Milkovich & Newman, 2004)...
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