When planning for employee compensation, managers should consider, within a total reward system perspective, the entire spectrum of rewards, incentives, and disincentives, including financial and non-financial, formal and informal.

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It is important for managers to consider all aspects of employee compensation, including financial and non-financial rewards, incentives, and disincentives, as well as formal and informal reward systems, in order to create a comprehensive total reward system.

When Planning for Employee Compensation, Managers Should Consider, Within a Total