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Total Reward Model
A strategy or approach that recognizes all aspects of compensation, including financial rewards, benefits, work-life balance, recognition, and development opportunities.
Employment Relationship
Refers to the legal and practical link between employers and employees, highlighting rights, responsibilities, and dynamics in the workplace.
Pay Equity
A policy to eliminate the gap between the income of men and women, ensuring that salary ranges correspond to the value of work performed.
Equal Pay
The concept of ensuring that employees who perform the same or substantially similar work are compensated equally, regardless of gender, ethnicity, or other non-relevant factors.
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