What Are Your Compensation Options If You Are an Employer

question 34

Essay

What are your compensation options if you are an employer who needs to transfer an employee from a low cost-of-living area to a high cost-of-living area?

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Definitions:

Intercept

In the context of a regression line, it is the expected value of the dependent variable when all independent variables are zero.

Slope

In the context of linear regression, the coefficient indicating the rate of change in the dependent variable for one unit change in an independent variable.

Coefficient Of Determination

A statistical measure, often denoted as R^2, that represents the proportion of the variance in the dependent variable predictable from the independent variable(s).

Positive Value

A numerical quantity greater than zero, indicating a magnitude or amount in the absence of direction or dimension.