1. Business
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  3. explain why a quotpayforperformance systemquot where employee compensation is tied...

Question: explain why a quotpayforperformance systemquot where employee compensation is tied...

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Explain why a pay-for-performance system (where employee compensation is tied to regular goals and metrics and ongoing employment is not guaranteed) and lifetime employment (where a base salary along with an explicit or implicit long-term employment guarantee is offered) may reflect cross-cultural conditions. Focus on Hofstedes long-term versus short-term orientation, power distance, and uncertainty avoidance dimensions in your answer.

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