Examlex
What does g stand for in the following equation?
Compensation
Refers to the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.
Commission
A fee paid to an agent or employee for transacting a piece of business or performing a service, especially a percentage of the money received from a total paid to the agent responsible for the business.
Human Capital
The total of competencies, wisdom, or intangible valuables of individuals that have the potential to yield financial value for the people, their places of employment, or their local area.
Labor-Market Discrimination
Occurs when two equally qualified individuals are treated differently based on arbitrary characteristics such as race, gender, religion, or nationality in employment decisions.
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