Examlex
Critics of the use of public sector binding arbitration when a negotiation impasse occurs claim a chilling effect on the negotiation process, referring to:
Employee Turnover
The rate at which employees leave a company and are replaced by new employees, affecting organizational continuity and cost.
Shareholder Value
The concept focuses on maximizing the value returned to shareholders of a company through increasing stock prices and dividends.
Performance Management
The process of ensuring that an organization and its employees are focused on the same priorities and goals, typically involving setting objectives, measuring outcomes, and providing feedback for improvement.
Employee Training
A program that aims to enhance the skills, knowledge, and performance of employees through learning activities.
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