Person-focused pay plans

For this assignment, compose an essay of at least two pages in which you discuss the following issues involving person-focused pay plans:

· Detail various types of person-focused pay plans.

· Describe reasons why companies adopt person-focused pay plans, and identify types of positions that lend themselves to these plans.

· Describe advantages and disadvantages of person-focused pay plans. Give job-specific examples in your advantages and disadvantages.

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