If a business retains someone to provide services, that person may either be an employee or be self-employed (i.e., independent contractor).
Definitions:
Training Investment
The allocation of resources by an organization towards the development of its employees' skills and knowledge.
Topping Out
A construction milestone where the last beam is placed atop a structure during its erection.
Reward System
A mechanism for providing incentives or compensation in recognition of achievements, behavior, or performance.
Profit-Sharing Programs
Profit-sharing programs are incentive schemes wherein employees receive a share of the company's profits, usually based on the company's earnings over a specified period.
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