Can you think of any factors that might come into play when designing pay levels and pay structures


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Can you think of any factors that might come into play when designing pay levels and pay structures


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Other than the typical ones suggested in your textbook, can you think of any factors that might come into play when designing pay levels and pay structures? For instance, how (if at all) should you factor in regional economic conditions, the future outlook for the stock market, and the specific occupation’s outlook when developing a pay policy?