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By combining more assignments into a single layer,organizations give managers more flexibility in making assignments and awarding pay increases which results in:
Means Testing
A method used to determine an individual's eligibility for certain types of financial aid, benefits, or services based on their income and assets.
Trustees
Individuals or organizations appointed to manage and hold assets on behalf of others, typically within the structure of a trust.
Involuntary Bankruptcy Action
A legal process initiated by creditors to force a debtor into bankruptcy when they cannot pay their debts.
Unsecured Claims
Claims or debts that are not backed by collateral, meaning if the debtor defaults, the creditor does not have a right to seize specific property to satisfy the debt.
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