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- Employee: Sure, I'm interested in learning more about that.
- Manager: Hi there, I wanted to take a moment to talk to you about the purpose of wages and compensation.
- Employee: I see. So, it's not just about paying us for our work, but also about showing appreciation for our efforts.
- Employee: That makes sense. But why is it so important?
- Manager: Great! So, the primary purpose of wages and compensation is to provide employees with a fair and equitable way to receive payment for their work and contributions to the organization.
- Manager: Well, offering competitive compensation packages is a way for us to attract and retain the best talent.
- Employee: That's really great to hear. I feel like I have a better understanding of the purpose of wages and compensation now. Thank you for explaining it to me.
- Manager: Exactly! And it's also a way for us to ensure that our employees can meet their basic needs, such as housing, food, and healthcare. We want to make sure that our employees are taken care of, both in and out of the workplace.
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