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ABC Corp.introduced a training program that ensured everyone had the required knowledge and skills to perform the work.The company also brought in a performance-based reward system that accurately identified employees who performed better than others.These practices improve employee motivation by:
Deposit
A sum of money placed into a bank account or given as initial payment or security for the purchase of an item.
Compounded Daily
The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a daily basis.
Interest
The cost of borrowing money or the return on investment for lending money, determined as a percentage of the principal amount.
Desired Amount
The specific sum of money or financial goal an individual or entity aims to achieve.
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