The steps followed in developing a global pay system in right sequence are:

1
Set strategy, identify crucial executive behaviour, global philosophy framework, identify gaps, systematize pay system, adopt pay policies
2
Set strategy, global philosophy framework, identify gaps, identify crucial executive behaviour, adopt pay policies, systematize pay system
3
Identify crucial executive behaviour, set strategy, global philosophy framework, identify gaps, systematize pay system, adopt pay policies.
4
Adopt pay policies, identify crucial executive behaviour, set strategy, global philosophy framework, identify gaps, systematize pay system.

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