Asked by Summer Fields on May 19, 2024
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The fairness concept of equity and compensation implies that everyone should have equal ownership in an organization.
Fairness Concept
A principle of equitable treatment and justice among individuals in social, business, and legal dealings.
Equity And Compensation
Refers to the shares or stock a company may offer to its employees as part of their remuneration package.
Equal Ownership
A situation in which two or more entities have the same proportion of ownership rights in a property, company, or financial asset.
- Acquire knowledge about the pivotal importance and mechanisms of equity and compensation for encouraging key members within an enterprise.
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Learning Objectives
- Acquire knowledge about the pivotal importance and mechanisms of equity and compensation for encouraging key members within an enterprise.
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