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Skill-Based Pay
A compensation system that establishes pay levels based on the skills or qualifications an employee possesses, rather than the job position alone.
Quality Circle
A voluntary group of workers who perform the same or similar work, who meet regularly to identify, analyze, and solve work-related problems, aiming to improve the performance of their area and to enhance their own working lives.
Worker Involvement
The practice of involving employees in decision-making processes and operational tasks to boost morale, productivity, and engagement.
Industrialized Countries
Nations that are characterized by significant industrial activity, advanced technological infrastructure, and higher standards of living.
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