Examlex
Define globalization and the main factors leading to it.
Competency-Based Pay
A compensation strategy where employees are paid based on their skills, knowledge, and performance levels rather than their job title or position.
Management Attitude
The disposition, outlook, or approach that the management of a company or organization holds towards its operations, employees, and business strategies.
Work Efforts
The amount of physical or mental energy applied by an individual in completing tasks or responsibilities at their job.
External Equity
Refers to an organization’s compensation strategy being competitive with what other employers offer for similar jobs in the market.
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