How to Determine How Much to Pay Your Employees

Compensation packages with good pay and benefits can help you attract and retain the best employees. Regarding the payment of wages or salary to employees, there are a couple of areas that a manager must concern him/herself with: deciding what to pay employees; complying with minimum wage law; doing payroll; how much other employers are paying; how to negotiate the salary of a new employee. This resource will assist in explaining each of this considerations.

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