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Explain the main difference between an absolute threshold and a difference threshold.
Voluntary Sabbaticals
Planned, extended leaves of absence from work, initiated by the employee, often for personal growth, travel, or study.
Reducing Overtime
Implementing strategies to decrease the need for employees to work beyond their scheduled hours.
Mandatory Vacation
Mandatory vacation is a policy requiring employees to take a predetermined amount of time off work to prevent burnout and maintain work-life balance.
Financial Restructuring
The reorganization of a company's financial structure, which may involve adjusting debt, equity, and other financial instruments to better position the company for growth or recovery.
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