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John Bachmann heads the HR department of a software company. He encourages his subordinates to take decisions that aid their own achievements and emphasizes personal freedom and competitiveness. John likes to keep open channels of communication between him and his team and does not hesitate before taking advice from them. Which of the following is a feature reflected in John's approach to his subordinates?
Provision
A liability of uncertain timing or amount, recognized in the accounting records for future liabilities or losses.
Wage Rise
An increase in the rate of pay received by employees.
Leave Loading
An additional payment made to employees on their annual leave, often calculated as a percentage of their normal salary.
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