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Life-Cycle Benefits
Employee benefits offered by organizations that are designed to meet the needs of employees at different stages of their life and career.
Efficiency Wage Theory
An economic theory suggesting that higher wages can increase productivity by attracting better talent, reducing turnover, and motivating employees.
Total Compensation
The complete package of salary, benefits, bonuses, and any other form of remuneration given to an employee.
Exporting Industry
A sector of a country's economy that produces goods or services for sale abroad.
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