Examlex
Find the point of intersection.
Required Number of Hours
The specific number of hours employees are mandated to work within a certain period, as stipulated by their employment contract or company policy.
Group Incentive System
A compensation system that rewards a group of employees for achieving certain performance targets, designed to foster teamwork and collective achievement.
Gainsharing
A program where employees receive financial rewards based on the performance improvement or cost-savings achievements of their work group.
Productivity
The measurement of efficiency of production, especially in terms of output per unit of input.
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