Examlex
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Productivity
The measure of efficiency in converting inputs into useful outputs, commonly used in analyzing the performance of businesses, economies, or individual workers.
Supervisory Costs
Expenses associated with overseeing and managing employees, including salaries of supervisors and costs related to training and supervising staff.
Flexible Benefit Plans
Employee benefit programs that allow workers to choose from a variety of pre-tax benefits, tailoring the package to their personal needs.
Economic Value
The worth of a good or service determined by its capacity to provide utility to buyers or the income it generates for sellers.
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