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Also Read: Why These 8 Top Companies Redefined Their Performance Management Systems. Also Read: Why These 8 Top Companies Redefined Their Performance Management Systems. It also serves as the tool for discussion of salary appraisals, incentives, and promotions. The Importance Of Performance Reviews.
Retention: Competitive Compensation and Benefits: Offering competitive salaries, bonuses, and benefits packages to retain top talent. Work-Life Balance: Offering flexible work arrangements, such as remote work, flexible hours, and paid time off, to help employees balance work and personal life.
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