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What is the definition of the term magnification?
Lump-Sum Payments
A single payment made at a particular time, as opposed to multiple payments made over a period of time.
Employee Stock Ownership Plan
A plan that helps employees purchase stock in their employing companies.
Gain-Sharing
A compensation strategy where employees receive additional financial benefits from the company's performance improvements.
Two-Tier Wage System
A compensation system where new employees are paid less and receive fewer benefits than existing employees for doing the same job.
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