Briefly Explain the Concept of Flexible Compensation

question 40

Essay

Briefly explain the concept of flexible compensation.

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Definitions:

Percentage Change

measures the degree of change over time, represented as a fraction of the original value, commonly used to describe variations in economics, finance, and statistics.

Gross Investment

The total amount invested in the economy, including spending on new physical assets and replacement of depreciated assets.

Percentage Change

Percentage Change is a mathematical calculation that shows how much a quantity has increased or decreased as a percentage of its previous amount.

Incomes

Periodic earnings obtained from professional activities or financial investments.