Examlex
A large business must provide notice before implementing a mass layoff.
Central Tendency
A statistical measure that identifies the center of a data distribution, often used in performance appraisals to describe a tendency to rate employees near an average level.
Compensation Databases
Databases that contain information about salary ranges and compensation packages for various positions, used by organizations to benchmark and design their own compensation strategies.
Turnover Rates
The rate at which employees leave a company within a certain period, which can be an indicator of job satisfaction and organizational health.
Validity of Data
Pertains to the accuracy and credibility of data or information, ensuring it is sourced and interpreted correctly for decision-making.
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