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Which part of the brain controls the highest-level functions?
Severance Payments
Compensation provided to employees upon dismissal or termination from a company that is usually based on length of service.
Dismissed Executives
Senior employees who have been removed from their positions within a company, often due to performance issues, restructuring, or changes in strategic direction.
Lag The Market
A compensation strategy where an organization deliberately sets wage levels below the average market rate, often due to financial constraints or strategic choice.
Compensation Strategy
A plan established by an organization to determine how to reward employees effectively, taking into account salaries, benefits, bonuses, and other forms of compensation.
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