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Gream1942
@Gream1942
Business acumen enables compensation professionals to take a strategic approach to pay, ensuring that employees are compensated fairly while promoting an environment of equity. When compensation professionals are aware of the business’ goals, values, and challenges, they are better equipped to propose pay strategies that attract and retain diverse talent from a wide range of backgrounds. This awareness directly contributes to fostering a diverse workforce, as businesses with inclusive compensation policies are better positioned to recruit and retain people from diverse demographics.
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