Examlex
Discuss the history and at least five functions of jails.
Cost Savings
The reduction in expenses achieved through efficiency improvements, price negotiations, or other methods, increasing overall profitability.
Profit Sharing
A company policy where a portion of the company's profits is distributed to its employees, often based on their performance or seniority.
Lump-Sum Bonus
A one-time payment given to an employee in addition to their regular salary, often as a reward for performance, achievement, or as part of benefits.
Cafeteria Plan
A type of employee benefit plan that allows workers to choose from a variety of pre-tax benefit options to design a benefits package that best meets their needs.
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