Examlex
You own an internet company that sells gift baskets.A customer can pick out what s/he wants to put in the basket from a broad range of items to make it a more personalised gift.You collect demographic information about the buyer such as address and phone number that you store in your database alongside the specific contents of the gift basket ordered.You also have stored the addresses of the basket recipients,when the basket was sent,and if it was sent for a special occasion such as a birthday or anniversary.How can you use this database?
Pay Compression
A situation where there is only a small difference in pay between employees regardless of their experience, skills, or seniority, often leading to dissatisfaction and motivational issues.
Experience Levels
Refers to the degrees of knowledge, skill, and proficiency acquired through work or education over time.
Performance Abilities
The capabilities and skills that an individual possesses which contribute to their effectiveness and efficiency in job tasks.
Wages
Generally refer to hourly compensation paid to operating employees; the basis for wages is time.
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