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Labour Costs
The total expenditure by businesses on employee compensation, including wages, salaries, and benefits.
Piecework Pay Plans
Compensation schemes where workers are paid based on the quantity of items they produce or complete, rewarding productivity and output.
Labour Costs
The total expenditure by employers for the compensation of employees, including wages, benefits, and other related expenses.
Lump-sum Merit
A one-time merit payment awarded to an employee instead of a permanent salary increase.
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