Outline a strategic approach to ensure that employee's skills keep pace with the company's business vision,whilst maintaining equality and stability within the remuneration system

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Outline a strategic approach to ensure that employee’s skills keep pace with the company’s business vision,whilst maintaining equality and stability within the remuneration system
In today’s globalized economy product life cycles are becoming obsolete quicker. Often employers are faced with having to ‘buy in’ new skills from outside because there isn’t time to train their own staff.This can often lead to problems of integration and inequality in salaries.
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