Examlex
The purchasing power of money decreases as the price level increases.
Employee Assistance Plans
Programs offered by employers to provide confidential support services to employees dealing with personal or work-related problems.
Factor-Comparison Method
The factor-comparison method for job evaluation assesses jobs, on a factor-by-factor basis, using a factor-comparison scale as a benchmark.
Job Evaluation
A systematic process for determining the relative worth or value of a job in relation to other jobs within an organization.
Benchmark Jobs
Positions within an organization that are used as reference points for setting wages and evaluating other jobs by comparing required skills, responsibilities, and roles.
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