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Every part of a system that is not automated will:
Employee Satisfaction
The level of contentment and positive feeling that an employee has toward their job, work environment, and the company, which can impact productivity and retention.
Long-Run Cost
The aggregate of all costs, both fixed and variable, associated with producing goods or services when all inputs are considered variable over time.
Benefit Costs
The expenses incurred by employers for the benefits provided to employees, such as health insurance and retirement plans.
Skill-Based Pay Plans
Compensation systems that set pay levels based on the skills, knowledge, or competencies an employee acquires, rather than the job position alone.
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