Examlex
The job instructional training (JIT)steps include (1)trainer presents the task; (2)trainee receives preparation; (3)trainee performs the task; and (4)trainer follows up.
Stock Option Plans
A compensation strategy that gives employees the option to purchase company stock at a predetermined price at a future date.
Profit-Sharing Plans
A company-wide program that provides employees with a share in the company's profits, usually in the form of a bonus or retirement benefit.
Unions
Organizations formed by workers to collectively negotiate with employers regarding wages, working conditions, and other employment rights and benefits.
Merit Pay
A compensation strategy that rewards employees based on their performance, often used as an incentive for higher productivity and job satisfaction.
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