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An open caucus is a method where
Profit Sharing
Any procedure by which an employer pays, or makes available to all regular employees, in addition to base pay, special current or deferred sums based on the profits of the enterprise
Job Classification System
A system of job evaluation in which jobs are classified and grouped according to a series of predetermined wage grades.
Point System
A quantitative job evaluation procedure that determines the relative value of a job by the total points assigned to it
Work Evaluation
The process of assessing the performance of employees or tasks, typically to inform decisions about promotions, salaries, or training needs.
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