Examlex
What is meant by job specialisation and what are some of the benefits and problems associated with this practice?
Human Resource Management
The strategic approach to the effective and efficient management of people in an organization to help it gain a competitive advantage.
Above-Market Wages
Compensation levels that exceed the average pay rate within a specific industry, sector, or geographical area.
Job Security
The assurance or probability that an individual will keep their job without the risk of becoming unemployed.
Union Substitution
Strategies or practices implemented by an organization intending to make the formation of a labor union unnecessary by addressing worker needs directly.
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