Examlex
LCD displays use layers of organic material which, when electric current is applied, emits a visible light. _________________________
Fringe Benefits
Fringe Benefits are additional benefits supplementing an employee's salary, such as health insurance, paid vacations, and retirement plans.
Winner-Take-All Markets
Markets in which the top performers or companies receive a disproportionately large share of the rewards, and the remaining competitors are left with very little.
Hourly Wage
The amount of money paid for each hour of work.
Dual Labor Market Theory
A theory suggesting the labor market is divided into two segments—the primary (high wage, good jobs) and the secondary (low wage, poor quality jobs) sectors.
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