Examlex
FIs discourage borrowers from hedging their own risk of default.
Existing Salaries
The current compensation rates for employees within an organization or industry.
Two-Tier Wage Plans
Compensation strategies that offer a higher pay scale for incumbent workers while new hires are brought in at a lower wage for the same job.
Equity Theory
A theory indicating that individuals assess their own value and treatment in relation to others to determine fairness.
Job Satisfaction
A pleasant feeling resulting from the perception that one's job fulfills or allows for the fulfillment of one's important job values.
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