A key goal of compensation administration is to create a cost-effective system that will provide incentive for employees.

Name: A key goal of compensation administration is to create a cost-effective system that will provide incentive for employees.
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Compensation administration aims to design a system that balances the cost of compensation with the need to motivate and incentivize employees to perform at their best. Therefore, a cost-effective system that provides incentives is a key goal.

A Key Goal of Compensation Administration Is to Create a Cost-Effective