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    Human Resource Management Study Set 8
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    Exam 11: Establishing Strategic Pay Plans
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    The Market-Based Approach to Setting Rates Involves Conducting Formal or Informal
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The Market-Based Approach to Setting Rates Involves Conducting Formal or Informal

Question 21

Question 21

True/False

The market-based approach to setting rates involves conducting formal or informal salary surveys to determine what others in the relevant labor markets are paying for particular jobs.

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