Examlex
With its focus on control from the home country,the global company reflects a polycentric attitude.
Retirement Fund
A financial arrangement or savings plan intended to support individuals financially after they retire from active work.
Salary Smoothing
A practice of adjusting salaries over time to stabilize employees' income, often to mitigate the impact of business cycle fluctuations.
Payroll Deductions
Amounts subtracted from an employee's gross pay for taxes, insurance premiums, or other benefits, leading to the net pay the employee receives.
Precommitments
Strategies or actions taken in advance to bind oneself to a specific course of action, often used to influence future decision-making or outcomes.
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