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Employment Flexibility
Refers to the adaptability of work arrangements, allowing for changes in working hours, locations, and duties to meet both employer and employee needs.
Functional Flexibility
The ability of an organization to adapt and manage workforce skills and roles to meet changing market conditions, often involving cross-training and job rotation.
Procedural Flexibility
The ability to adapt the processes and rules governing actions or decisions based on the circumstances, often to ensure fairness or efficiency.
Pay Flexibility
The ability of employers to adjust wages based on factors like performance, market conditions, or the company's financial status.
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