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A Tax Rebate,which Is Expected to Be Offered in This

question 101

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A tax rebate,which is expected to be offered in this and all future years,will


Definitions:

Skill-Based Pay

Rewards people for acquiring and developing job-relevant skills.

Cross-Training

A method in which employees are trained to perform several different functions or roles within an organization, enhancing flexibility and workforce efficiency.

Training Costs

The expenses incurred in the process of developing the skills and knowledge of employees.

Merit Pay Plan

A compensation strategy that awards pay increases or bonuses based on an employee's performance, accomplishments, or achievements.

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