Examlex
In terms of Maslow's hierarchy of needs, benefit packages as a part of a compensation plan are intended to satisfy a salesperson's need for:
Independent Contractors
Individuals hired to perform specific tasks or services for a company under a contract agreement, but who are not considered employees of the company.
Legal Obligations
Requirements imposed by law that entities or individuals must follow, including regulations, contracts, or statutes.
Permanent Employee
An employee hired for an indefinite duration, often with full-time hours and access to benefits.
Labor Market
The supply and demand for workers, in which employers seek to hire labor and workers look for jobs.
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