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Which term refers to a compensation plan that includes traditional pay, job design, career development, and recognition?

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meerkat18

There are 6 different types of compensation plans and benefits:

1.      Straight Salary Compensation

2.      Salary plus Commission

3.      Commission Only

4.      Territory Volume Compensation Plans

5.      Profit Margin/Revenue Based Compensation Plans

6.      Residual Commission

The one includes traditional pay, recognition, job design, and career development is the straight salary compensation. 

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