Prospector strategies are characterized by broad job classes,variable pay,and informal hiring processes.

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Prospector strategies typically emphasize a flexible approach to staffing, with broad job categories that allow for varying levels of skill and experience. Variable pay arrangements, such as bonuses or commissions, may be used to motivate and reward employees. Informal hiring processes, such as networking and referrals, are often preferred over formal recruitment methods.

Prospector Strategies Are Characterized by Broad Job Classes,variable Pay,and Informal