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_____ focuses on establishing a mutually beneficial, long-term connection between buyers and suppliers.
Pay-Related
Refers to all forms of financial returns and tangible services and benefits employees receive as part of an employment relationship.
Pay Equity
The practice of compensating employees equally for jobs requiring comparable skills, responsibilities, and effort, regardless of gender or other irrelevant factors.
Compensation Policy
A set of guidelines that an organization follows to determine how employees will be compensated, including salaries, benefits, and bonuses.
Pay Inequities
Situations where there is an unfair or unequal distribution of pay among employees, often due to discrimination based on gender, race, or other factors.
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