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TOTAL REWARD SYSTEM (Different types of Compensation (Income Protection,…
TOTAL REWARD SYSTEM
Definition
consists of the interrelated processes and practices that combines to ensure that reward management is carried out effectively to the benefit of the organisation and the people who work there.
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What is NWC
A tripartite body comprising representatives from the three social partners – the employers(SNEF), the trade unions(NTUC) and the Government(MOM).
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