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Human Resource Mgmt Essay Preview: Human Resource Mgmt Report this essay CONTAIN MEANING, DEFINITION AND FEATURES OF PROMOTION MERIT AS A BASIS OF PROMOTION SENIOR AS A BASIS OF PROMOTION SENIORITY-CUM-MERIT PROMOTION POLICY MEANING OF WAGE / COMPENSATION PAYMENT IMPORTANCE OF WAGE PAYMENT TO EMPLOYEES EMPLOYER AND GOVERNMENT FACTORS INFLUENCING / DETERMINING WAGE RATES ESSENTAILS.