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Given the augmented Phillips model: ,where y = actual rate of inflation (%) ,x1 = unemployment rate (%) ,and x2 = anticipated inflation rate (%) .The explanatory variable(s) in this model is(are) the:
Employee Turnover
The rate at which employees leave a company and are replaced by new employees, which can indicate company health and employee satisfaction.
Compensation System
A structured plan designed by organizations to pay employees, which may include wages, salaries, bonuses, and benefits.
Telecommuting
A work arrangement in which employees do not commute to a central place of work, often working from home or a location close to home.
Employee Owners
Individuals who hold ownership stakes in the company they work for, often through stock options or an employee stock ownership plan (ESOP).
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