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What criticism can be leveled against merit pay?
Numerical Estimate
A quantitative assessment or projection made based on available data and mathematical calculations.
HR Requirements
The specific needs or qualifications that a department or position demands from candidates, including skills, education, and experience.
Time Horizon
Relates to the length of time over which an investment, project, or strategy is intended to be implemented or realized.
HR Forecasting
The practice of predicting future human resources needs of a company based on expected changes in the business environment and workforce.
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