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Exhibit 7.5: What Shapes External Competitiveness?

Exhibit 7.5: What Shapes External Competitiveness?

Exhibit 7.5: What Shapes External Competitiveness?

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Flexible Policies• Employers have more than one pay policy• Policy may vary for different occupationalfamilies• Alternative policies include– Performance driven– Market match– Work/life balance– Security(Milkovich & Newman, 2008)

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