Examlex
The lower class disproportionately consists of minority groups.
Capabilities
The qualities, skills, and capacities that enable individuals or organizations to effectively perform or achieve tasks and objectives.
Geographic-Based Pay
A compensation strategy that adjusts an employee's pay based on the cost of living and market wage rates in the geographic location where they work.
Market Pricing
The process of determining the external value of jobs within an organization by comparing the organization's jobs to similar jobs in the external labor market.
Small Firms
Businesses or enterprises with a small number of employees, potentially offering more personalized services and having less market influence than larger companies.
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