High-Performance Companies Are Less Likely Than Low-Performance Companies to Invest

question 55

True/False

High-performance companies are less likely than low-performance companies to invest in costly employee training programs.

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Definitions:

Payroll

The total amount of wages and salaries paid by a company to its employees, as well as the process of calculating and distributing these payments.

Line Managers

Supervisors directly responsible for managing employees and overseeing their day-to-day work.

Statutory Benefits

Mandatory benefits that employers are required to provide to employees by law, such as social security, workers' compensation, and minimum wage.

Federal Law

The body of law created by the federal government of a country, as opposed to state or local laws, which governs issues like commerce, taxation, and civil rights.