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An advantage of performance-based assessments over objective tests is that they
Turnover Rate
The percentage of employees leaving a company within a certain period, indicating the rate at which an organization gains or loses staff.
Training Programs
Structured educational initiatives designed to enhance the skills, knowledge, and performance of employees.
Market Wage Rates
The average amount of money paid for a specific job in the marketplace, influenced by factors such as industry demand, skill level, and geographic location.
Labor Supply
Refers to the total number of workers available and willing to work in a particular job market.
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