Examlex
Define the following terms: anarchism
Group-oriented
Describes individuals or practices focused on the goals, needs, or activities of a group rather than those of individuals.
Pay Plan
A structured payment system that outlines the wages, salaries, bonuses, and other financial compensations employees receive for their work.
Gain-sharing Program
A compensation strategy where employees receive bonuses based on improvements in the company's performance, fostering a sense of ownership and teamwork.
Unionized
The status of employees or a workforce that is represented by a labor union, which negotiates wages, working conditions, and other employment terms on their behalf.
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