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Ricky had a positive experience when she tried the new cell phone from a well-known cell phone manufacturer, so she decides to regularly use the new cell phone. She is currently in the adoption stage of the innovation adoption process.
Aging Workforce
Refers to the increasing average age of employees within an organization or the labor market, often leading to challenges in management, succession planning, and health care costs.
Pension Plans
Retirement plans that employers offer to provide employees with a fixed payout upon retirement, funded by the employer, employee, or both.
Job Evaluations
The process of analyzing and assessing various aspects of a job to determine its relative value or importance within an organization, often for determining salary scales.
Benefits Administration
The management and operation of a company's employee benefits program, including health insurance, retirement plans, and other fringe benefits.
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