Compensation arrangements can be designed to create a powerful incentive is particularly true for small businesses.

Question

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Compensation arrangements can play a crucial role in motivating employees to work harder and achieve better results. This is especially important for small businesses that may have limited financial resources but need to be competitive in order to succeed. By offering creative and effective compensation plans, small businesses can attract and retain top talent, rewarding employees for their hard work and incentivizing them to perform at their best.

Compensation Arrangements Can Be Designed to Create a Powerful Incentive