A strategy used by global companies is to develop a _____ compensation system, which means one pay system for all employees, regardless of where they live.

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A centralized compensation system is a strategy used by global companies to have one pay system for all employees, regardless of where they live. This creates consistency and fairness within the organization. Localized compensation systems would be tailored to specific regions, secondary systems would be a backup plan, comparable systems would compare pay to similar jobs in other companies, and domestic systems would only apply to one country.

A Strategy Used by Global Companies Is to Develop a _____