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Terms of Employment
Conditions and specifications under which work is to be performed as agreed between an employer and employee, including salary, work hours, and job responsibilities.
Concession Bargaining
A negotiation process where union members agree to give up previous benefits in exchange for something else, often to prevent job losses or company closures.
Merit Pay
A compensation strategy that offers additional pay or bonuses based on an employee's performance, productivity, or achievement, aiming to motivate and reward individual excellence.
Corporate Financial Information
Information related to a company's financial status, including income, expenses, assets, and liabilities.
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