How Do You Create a Compensation Plan and Retain Employees Effectively?

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Compensation and Benefits Plan Preparation

How can we prepare a plan for compensation and benefits? What are the key points to be noted while preparing the plan?

Payment Schemes and Raises

Also, kindly advise on how to prepare payment schemes and raises.

Developing Retaining Strategies

Additionally, how can we develop retaining strategies?

prasenjit.mitra

Before you plan, first chalk out where you stand right now. Use metrics to analyze the situation properly, then you can make a plan. For any further clarification, feel free to write or discuss.

Regards

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