Examlex
List the five components of portfolio development as described by Thomas Armstrong (2009).
Guaranteed
A promise or assurance that certain conditions will be fulfilled or met.
Skill-Based Pay Programs
Compensation strategies where employees are paid based on the skills, certifications, or knowledge they bring to their position, rather than solely on job title or tenure.
Topping Out Effect
Refers to a situation where growth or improvement reaches a maximum level and no significant advancement seems possible.
Profit-Sharing Programs
A company policy where a portion of the company's profits is distributed to its employees, often based on their performance or as an incentive.
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