Examlex
While process redesign, supply chain management, and factory automation are all tech-centric operations, service operations are not.
Human Resources
The department within an organization that deals with the hiring, administration, and training of personnel.
Fair Labor Standards Act
U.S. legislation enacted in 1938 to protect workers against unfair pay and employment practices, establishing minimum wage, overtime pay eligibility, and child labor standards.
Compa-ratio
A comparison ratio that measures an employee's salary relative to the median or midpoint of the market rate for their job.
Pay Range
The spectrum of compensation offered for different positions within a company, indicating the minimum and maximum pay for each role.
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