Factors to Consider in Setting Employee Remuneration
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Factors to Consider in Setting Employee Remuneration

Determining appropriate employee remuneration is a critical aspect of organisational management, influencing talent attraction, retention, and overall company performance. A well-structured compensation strategy reflects the value an organisation places on its workforce and aligns with its financial capabilities and market positioning. In Nigeria, several key factors must be considered when setting employee remuneration: 1. Industry Standards and Market Conditions Understanding...