Examlex
What is the key issue strategic issue in international labor relations and how can the HRM function ensure that the issue is addressed?
Post-Employment Benefits
Benefits, other than pensions, that a company provides to its retired employees, such as life insurance and medical plans.
Compensated Absences
Employee benefits that provide pay for holidays, sick leave, and other forms of absence from service that are compensated by the employer.
AASB 119
The Australian Accounting Standards Board standard which outlines the accounting requirements for employee benefits, including wages, salaries, and pension plans.
Defined Benefit Post-Employment Fund
A pension plan where the benefits that an employee will receive upon retirement are defined in advance.
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