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  4. 4. I'm setting pay.

4. I'm setting pay.


Determining how much to pay employees can be complex. You may consider a number of factors, including employees' qualifications, your business's current and anticipated revenue and the economic climate.

You may also consider your legal responsibilities. To help prevent problems:

  • Ensure employees understand your compensation rules and policies;
  • Consistently enforce the policies; and
  • Update the policies, as needed.

See also:

Pay Tips