Some of the Common Employee Self-Service (ESS)applications Include Allowing Employees

question 31

Multiple Choice

Some of the common employee self-service (ESS) applications include allowing employees to

• A)update the information of other employees.
• B)update their own personal information.
• C)change salary deductions.
• D)update HR and related policies.
• E)make changes to payroll information for themselves.

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Definitions:

Firm Benefits

Advantages or favorable factors resulting from the policies or practices of a particular company, including financial remuneration and non-monetary perks.

Liquidity

How effortlessly an asset can be turned into cash without altering its market price.

J. M. Keynes

An influential British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

Lockbox System

A service offered by banks to companies for receiving payments from customers; the bank collects and processes these payments directly to speed up the deposit process.